TVNZ dividend dips as crisis deepens
Wednesday, 16 November 2005, 1:54 pm
Press Release: New Zealand National Party
Hon. Georgina te Heuheu MP National Party Broadcasting
Spokesman
16 November 2005
TVNZ dividend dips as crisis
deepens
National Party Broadcasting spokeswoman Georgina
te Heuheu says the annual report released by TVNZ today is
"an historic snapshot taken before the current set of
crisis".
The report shows a sharply reduced dividend paid
to the Government of $10.5 million -- down from $37.3
million last year, while the number of employees earning
more than $100,000 a year rose from 82 to 89.
"The
dividend, the return on the taxpayer investment in TVNZ, is
well down.
"Worryingly, that massive drop was posted
before all the recent publicity about loose contracts,
internal strife and golden handshakes.
"With the decline
in ratings for the flagship TV One news, there are
outstanding questions about the longer term impact this will
have on advertising revenues.
"TVNZ and its political
masters are not out of the woods yet," says Mrs te Heuheu.
ENDS
© Scoop Media
Join Scoop Citizen
Scoop is a champion of independent journalism and open publishing - informing New Zealanders through straight-talking independent journalism, and publishing news from a wide range of sectors. Join us and support the publication of trustworthy, relevant, public interest news, freely accessible to all New Zealanders:
Become a member
Find out more
Now that the right of US women to abortion (formerly protected by Roe v Wade) has been abolished, the important role of medication-induced abortion will come even more to the fore. Already, research by the Guttmacher Institute reproductive rights centre shows that over half of US abortions are obtained by medication. According to the US Food and Drug Administration and the World Health Organisation, the abortion pills can be safely self-administered at home within the first ten weeks of pregnancy, rather than via a surgical procedure carried out in a bricks-and-mortar abortion clinic...
More>>