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.
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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