Three not failing, just needs new owner - MediaWorks CEO

Fri, 18 Oct 2019

MediaWorks Investments' free-to-air television network isn't a failing business but needs a new owner to navigate a market skewed in favour of state-owned Television New Zealand, chief executive Michael Anderson says. He has been a critic of successive governments' broadcasting policy settings, saying that has given TVNZ a leg up over its private free-to-air rival. "All that privilege built up over the years has skewed the market. Whether it be dividend relief, whether it be the granting of no debt, whether it be the new premises, wha...

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