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  1. It’s a market
    The left, woke part is full. The right part still has profitable gaps.
    A company that meets the market will survive

    1. a freely manipulated market where those with capital get to set the price and the agenda. go lick your lord barons boots and suck on his wet nurse’s teat.

  2. While I believe your information regarding the financial problems within the commercial news industry and can understand how expensive it is to have nation wide news coverage I am not keen on the idea of giving them a blank cheque (figure of speech since we don’t have cheques now) although I agree that we would be better served by having Newshub (or another news option) still available. When Wellington council wants to buy the land under a theatre to enable it to be rebuilt to benefit a relatively small number of theatre goers and surrounding business’s that rely on their presence you can see how misguided the market actually is. If religious groups can support a free to air tv channel then why can’t news watchers find a way to support a local news provider?

  3. A natural death spurred on by tone deaf woke virtue signalling from millennials to boomers.
    Surprising it lasted this long.

  4. I was always very suspicious of right-wing, one-time Nat Cabinet Minister Simon Power, taking over as CEO of TVNZ for a few years.
    Was he setting TVNZ up to eventually be privatised, even if via a torturous strategy?
    A cunning fellow, Simon, but is he really that smart and machiavellian?

  5. Well, you get what you voted for, and Aucklanders wanted change and that is what they are getting the problem is the rest of us have to suffer to.

  6. This was only possible because the Prebble gave the sole private license in every television market to one company (back when N.B.C. were the main shareholder). And, as we now discovered, there was no legal requirement for a local news bulletin to be produced in each one.

    There were individual local stations that made bids in each market (who could have become affiliates of N.B.C. or another network), but Prebble refused to grant any of them licenses

    There was another way, of course. The N.Z.B.C. could have started new owned-and-operated stations, and turned them into publicly-owned affiliates of any other network — thus ensuring all broadcasters remained under the control of elected officials. A future government could still use Kordia/T.V.N.Z assets to do this with relative ease, and thereby smash the power of the media moguls.

    1. Inventive initiative. Glad you can get your head around it. Sounds possible, but the kindergarten pollies haven’t progressed to examining pros and cons I think; the admins have to see what this type of action would do to their CV in Canada or some other fertile country to plough.

  7. The thought of taxpayers bailing out a business that is owned by a multi billion dollar corporate entity is ridiculous. Lucky Labour is not in power, because they would have done it for sure.

    1. Oh you are so wrong jack off, the mark.
      It was National and Joyce who bailed them out to the tune of 40 million. You must be new to the country. Next time do some research on National bailing out private companies.

      1. I didnt deny the Mediaworks ‘deferred loan’ from National. I just said the Last Labour government would have bailed them out.

    2. I agree that it’s ridiculous, but the practise is generally associated with right wing crony capitalism.
      Mind you, usually they first steal (or pay peanuts to the dollar for) the publicly owned enterprise/infrastructure from the public, then pocket any profits it generates, and then, should it make a loss, go back to the taxpayer for bailouts.

      1. yep – this is Seymours wet dream for TVNZ and a captive market – and Luxon will be the horse he rides in on

  8. I won’t mourn for Newshub.

    Pre 1980s NZ had only public television, a good case can be made to claim that the standard of public discourse was far higher then, before ratings-driven media chased the lowest common denominator and fought for eyeballs with ever shorter soundbite-length content and targeted feelings over intellect.

    No huge smorgasbord of drivel compensates for the degradation of quality that the competitive model brought to the television news environment.

    1. Yes indeed I concur and not too heartbroken Ryan Ridge lost a platform to support his three causes and denigrate anyone without a job. And this is what happens when foreign companies own crucial national infrastructure like media. What was that German company again that owned practically all the print media and then bailed out. Yeah they couldn’t care less, well well well…. whaddya know.

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