TVNZ lags behind its commercial peers, urgent Treasury paper warns

(Image: Getty)

Mon, 13 May 2024

TVNZ’s commercial performance “lags behind” its transtasman peers, a Treasury report has found.The paper, drafted for associate finance minister David Seymour, reveals that the commercially funded, government-owned broadcaster compares unfavourably on “several key metrics” to rivals and peers, including NZME, Sky, and Australia’s Nine Entertainment.The Treasury report was drafted urgently in March following the decision by Warner Bros Discovery (WBD) to close Newshub, first announced in February and confirmed...

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