NZ Media income over time
The new of the large loss by TVNZ got me interested in what has happened to revenue for major NZ media companies. So I went through the annual reports for those that have public ones.
TVNZ’S revenue is 5% lower in 2023 than 2015. They are a commercial broadcaster, so this is not surprising. It explains the layoffs – expenses would have gone up lots since 2015, and income has not.
NZME revenue is 16% lower in 2022 than 2015. But they have been increasing since 2020 with a 10% revenue increase over two years.
Māori TV’s revenue in 2023 46% higher than in 2015, and Radio NZ is 43% higher. This shows how publicly funded media are in far more comfortable positions that commercial media.
Would be interesting to include Stuff in the graph, but their finances are private.