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Keep ad revenue in merged TVNZ/RNZ, says TV boss
Services

Keep ad revenue in merged TVNZ/RNZ, says TV boss

A merger between the advertising-free Radio New Zealand and its commercially driven state-owned cousin Television New Zealand should take a mix of both private advertising and government funding, says TVNZ's chief executive, Kevin Kenrick."If this is going to be an entity that is...

Pattrick Smellie 13 Feb 2020
Hackers steal photo ID and tax codes from 26,000 Generate KiwiSaver customers
Services

Hackers steal photo ID and tax codes from 26,000 Generate KiwiSaver customers

Hackers have stolen photographic identification, tax department numbers, and personal names and addresses of some 26,000 customers of boutique KiwiSaver provider Generate in a Christmas holidays raid that targeted the most sensitive part of its website.In a statement earlier toda...

Pattrick Smellie 12 Feb 2020
Sky pays $6m for Lightbox; eyes 1m subscribers
Services

Sky pays $6m for Lightbox; eyes 1m subscribers

Sky Network Television paid $6 million for Spark New Zealand’s Lightbox entertainment service as it chases a million customers.The pay-TV operator settled the deal this month, adding 130,000 active users, including those customers who received the service as part of their Spark b...

Paul McBeth 12 Feb 2020
AMP KiwiSaver funds' long term under-performance across the board
Services

AMP KiwiSaver funds' long term under-performance across the board

KiwiSaver funds operated by AMP, the country's fourth largest provider of the retirement savings plans, have under-performed over a 10-year period relative to their peers, irrespective of whether savers are choosing conservative or high-risk investment approaches.The December qua...

Pattrick Smellie 11 Feb 2020