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Business
5 mins to read

TVNZ dips into its $100m reserve to fund digital transformation

Continued drops in revenue and profit make the need to raid piggy bank necessary – but what will next government say?

WATCH: TVNZ interim ceo Ben McAnulty speaks with Dita De Boni.

Dita De Boni Fri, 27 Oct 2023

TVNZ is planning to start using its cash reserves to expedite the transformation to a digital business, given its results continue to languish and it is unclear what a new government will demand of the broadcaster. 

Releasing its ‘financial snapshot’ for the year to June 20, 2023, today (ahead

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TVNZ dips into its $100m reserve to fund digital transformation
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