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In a press release this week, Broadcasting Minister Willie Jackson said RNZ will get an annual increase of $25.7m in funding, including $12m for a new digital platform.
Today’s announcement will mean a total saving of $364.7 million over four years compared to merging RNZ and TVNZ.
We have listened to New Zealanders and now is not the right time to restructure our public media. However the changing media landscape, increased competition, changing audience demands, and declining revenue pressures facing our public media are not going away.
To address these challenges, we are investing $117.8 million over four years to deliver modern, trusted and relevant public media to all New Zealanders.
Read more here. Discuss it on The BFD.
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