¾ÅÒ»ÐÇ¿ÕÎÞÏÞ

ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Up next
ZB

ACT's David Seymour suggests TVNZ dividend could improve returns, competition

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Thu, 29 Feb 2024, 6:05pm
David Seymour. Photo / NZ Herald
David Seymour. Photo / NZ Herald

ACT's David Seymour suggests TVNZ dividend could improve returns, competition

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Thu, 29 Feb 2024, 6:05pm

ACT Party leader David Seymour has asked Treasury to look into the returns the station is offering tax-payers, after 1¾ÅÒ»ÐÇ¿ÕÎÞÏÞ' competitor ¾ÅÒ»ÐÇ¿ÕÎÞÏÞhub revealed it was broke.

Warner Bros. Discovery has proposed shuttering ¾ÅÒ»ÐÇ¿ÕÎÞÏÞhub from July, axing one of the country's biggest commercial news operators.

Seymour says it's possible requesting dividends could improve returns- and competition.

"It's one possibility- having one big state competitor that gets a pretty easy run in terms of getting taxpayer capital and paying dividends is distorting the marketplace."

LISTEN ABOVE

Take your Radio, Podcasts and Music with you