RNZ will receive a huge boost in funds to maintain its public media service
Thursday 06 April 2023
RNZ is set to receive a massive boost to its funding after the RNZ-TVNZ merger was called off, Minister for Broadcasting and Media Willie Jackson announced this morning. The public radio provider will receive an extra $25.7m a year, including $12m to maintain public media services, $12m for a new digital platform and $1.7m for AM Transmission.
NZ On Air will also receive a $10m increase for 2023/24.
"We must ensure that New Zealand can meet cost of living issues and support the cyclone recovery, while also delivering world class public media for all of Aotearoa," Jackson said.
"Today's announcement will mean a total saving of $364.7 million over four years compared to merging RNZ and TVNZ.
"Supporting RNZ to provide public media services and to meet the needs of all New Zealanders in the digital age is critical."
RNZ to receive extra $25.7m a year from Govt after merger canned