TVNZ sees sharp drop in half-year profit on back of revenue decline
Source: Radio New Zealand TVNZ’s headquarters in Auckland. RNZ/Calvin Samuel TVNZ has posted a sharply lower half-year profit as revenue slumped in a tough advertising market, and on a one-off accounting write-down. The state-owned broadcaster’s profit for the six months ended December 2025 was $2.4 million, compared to $53m a year ago. Revenue fell 12 … Read more