TVNZ reports $16.7 million loss over six months

TVNZ CEO Jodi O'Donnell believes tech platforms have caused "structural" challenges for the media.

Fri, 01 Mar 2024

TVNZ has capped off a dismal week for the New Zealand media by reporting a $16.7 million loss for the six months to December 31, taking an impairment of more than $12m.Chief executive Jodi O’Donnell insists it's “too early to say” whether the public broadcaster will exceed its $15.6 million loss estimate for the 2024 financial year, outlined in its Statement of Performance Expectations last year.“The market is so volatile. It’s a challenging market, not just from an economic point of view, but from a structural...

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