TVNZ posts operating profit and announces dividend despite statutory loss
The state broadcaster reported a statutory loss of nearly $24 million but an operating profit of $3.9 million and declared a dividend payment.
TVNZ has delivered its full-year financial results, posting an operating profit of $3.9 million alongside a statutory loss of nearly $24 million. The broadcaster declared a dividend payment and said it had made real progress with its Digital+ strategy during what it called a defining year.
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Coverage across the news outlets we track, as at publication.
What outlets are saying
1News
‘Defining year’: TVNZ unveils profit, dividend payment, year’s most-watched shows
The broadcaster said it had made “real progress” with its Digital+ strategy.
NZ Herald
Media Insider: TVNZ financial results – state broadcaster’s operational loss, statutory profit and surprise dividend
TVNZ delivers unexpected dividend on the back of an operating loss and statutory profit.
Newstalk ZB
Jodi O'Donnell: TVNZ CEO on full year results
State broadcaster TVNZ posted a paper loss of nearly $24 million today, but an operating profit of $3.9 million.