Tag: TVNZ

Posting profits but what is the future bottom line?

We have become all too familiar with New Zealand media company interim and full year reports oozing red ink, so it was pleasant surprise to see three of them reporting profits last week.

The biggest earner by a large margin was Sky, which announced its net profit had risen two per cent to $41.8 million on revenue that was up a solid nine per cent to $826 million. Over the past three years its share dividend has more than doubled.

Sky’s biggest drawcard is its sports offering and it added icing to the profit announcement by disclosing that it has secured rights to English Premier League matches. It also has long-term contracts with rugby, cricket, league and the Olympics.

Then NZME waded in with a post-tax half-yearly profit of $6.6 million that reversed a $400,000 loss for the same period last year. Radio was its standout performer, with operating revenue growing eight per cent to $61.8 million, significantly ahead of its publishing revenue.

Finally, TVNZ reported a profit of $16.3 million and an end-of-year dividend of $2.2 million. In total the state-owned company contributed close to $4 million to the government coffers in 2026.

Less pleasant was the realisation of how TVNZ and NZME achieved their profits. Continue reading “Posting profits but what is the future bottom line?” →

Broadcasters back on top in fragmented market

One of the pre-requisites of déjà vu is that you knew what happened in the first place.

I have a feeling that the people flooding the New Zealand marketplace with streaming platforms offering boundless content are blissfully unaware of what happened to radio in New Zealand in the 1990s.

In 1989 the local radio market was deregulated and the number of stations rocketed. In 1984 there had been 22 stations but by 1999 the number had reached almost 300. Something had to give, and it did. Rapacious networks began swallowing up stations and the market rapidly became consolidated again.

I feel we are at the 1999 stage with streaming platforms, although the numbers are nowhere near as high as in the heyday of independent radio. Nonetheless we have gone from one dominant operator (Sky TV) to an array of separate operators, each offering the world of your dreams…for a price. There are at least 15 video streaming platforms in addition to Sky’s offering and the on demand services of TVNZ+, Three Now and Māori+.

The top seven, according to NZ on Air’s Where Are The Audiences? 2026 report, are Netflix, Disney+, Amazon Prime, Neon, Skysport Now, Apple TV+, and CrunchyRoll (no, I hadn’t heard of it either because I’m not a fan of anime). Then there are nine ‘others’, including Hulu, Acorn, Stan and F1TV (for keen motorsport enthusiasts).

Th NZ on Air/Varian audience research was released last week. You can access it here.   It suggests, to me at least, that we may be at the proliferation zenith and are starting to see changes that could lead to some consolidation of the market. Continue reading “Broadcasters back on top in fragmented market” →

A grunt is worth a thousand words

Like a picture, a grunt can be worth a thousand words. The Minister for Media and Communications needed to do no more than make an annoyed sound to convince the chairman of Television New Zealand that the government was, well, annoyed.

Paul Goldsmith would surely have known that he needed to do no more than grunt when TVNZ board chair Andrew Barclay inexplicably raised a contentious One News item in a call he initiated with the minister. A low, short guttural sound said it all.

When interviewed about the call, Goldsmith pressed ‘play’ and stated: “He brought up the story in question, I did not make any comment, as it would be inappropriate for us to discuss editorial matters.”

It would not only be inappropriate, but it would also be unlawful. Section 28 of the Television New Zealand Act states that no shareholding minister (in this case Goldsmith) may give a direction in respect of the gathering or presentation of news or the preparation or presentation of any current affairs programme or content.

A grunt is not a direction. But it speaks volumes.

By now you’ll know what prompted it. A story, stating gang members now slightly outnumbered police, ran before a piece that might be seen as proof that the government’s ‘tough on crime’ policy was working. The later story said there were fewer victims of violent crime and serious repeat youth offending had fallen.

Police Minister Mark Mitchell did not like that – ‘annoyed’ is probably not strong enough – and took to Facebook to say so. A contrite TVNZ news executive rang Mitchell after seeing the post and a second, more positive story followed.

The post was not a direction. But it spoke volumes. Continue reading “A grunt is worth a thousand words” →

Battle for media thrones: Coming ready or not

Our media are no strangers to doing battle and 2026 is looming as a cross between Game of Thrones and Adolescence.

The GOT analogy is easy: It relates to territory, treasure that is real or imagined, and a touch of fantasy.

Our mainstream media will continue to wage the ongoing war for whatever territory in Westeros (or is it Essos) they can get their hands on. They will send raiding parties to snap up what remains after the Iron Throne of the Seven (transnational) Kingdoms has plundered the treasure house. And, symptomatic of the paranoia borne of years of attrition, they will scan the skies for signs of dragons.

The battle plans for territorial gain have been progressively revealed over past weeks and will be primarily fought out in the once-glittering realms of audio and video.

RNZ has signalled that it will deploy new forces in the fiercely contested territory of breakfast radio. This is a strangely undeclared war: Although the state-owned broadcaster is desperate to reclaim the crown from NewstalkZB’s Mike Hosking, it maintains a fiction that they cannot be directly compared. Yes, one is commercial and the other is not. Yes, they have separate rating surveys. However, at the end of the day their conflict is simple: they are both fighting for as many sets of ears as they can get. Continue reading “Battle for media thrones: Coming ready or not” →