"That's how we've been able to save the money that we're using for our transformation at the moment. We've been 'sweating' (not investing) in our broadcast assets, to ensure that we can invest in our digital future."
#JodiODonnell, CEO, #TVNZ,
2024
You heard it here first. The people in charge of our publicly-owned TV broadcaster are sacrificing its capacity to broadcast free-to-air TV, so it can compete with digital streamers.
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#8: TVNZ CEO Jodi O’Donnell and the $85m loss | NBR Podcasts
In this episode of The NBR Podcast with Simon Shepherd: After revealing an $85 million dollar loss, TVNZ CEO Jodi O’Donnell says the company will be back in the black in two to three years. She talks about more cuts as the painful transition from broadcaster to digital media company continues and whether we’ll be saying ‘Goodnight Kiwi’ to old-fashioned free-to-air linear TV. Timecodes below: (00:52) - Cost saving measures & culling content. (07:40) - What a sustainable business model for TVNZ looks like. (15:29) - Timeframe for the end of free-to-air linear TV. For early access to each podcast episode, head to NBR.co.nz and subscribe. This podcast uses audio from various sources, attribution links here.