Therese Walsh


Disney output deal drags TVNZ profit down 89%

TVNZ has claimed its programming output deal with Disney is a key factor behind a whopping 89% drop in full-year profits. The New Zealand broadcaster reported that its deal with Disney was now “loss making”, and has booked a NZ$12.4 million (US$8.9 million) provision for the full year to recognise further forecasted losses. Traditional US […]