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The Fold
Mass cuts at TVNZ – but are they enough? And NZME's podcast drama, explained
Nov 11, 2024
Glen Kyne, a media commentator and expert on the New Zealand media landscape, dives into the recent upheaval at TVNZ, including proposed job cuts and the shift of news to a content unit. He also unpacks the drama surrounding podcast star Frances Cook and her former employer, NZME, shedding light on the evolving relationship between legacy media and digital platforms. They discuss how political influences and the upcoming election could reshape the media landscape, raising concerns about the power dynamics between traditional media and new content creators.
41:03
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Quick takeaways
- TVNZ's proposed redundancies aim to save costs amidst declining broadcast viewership, but the restructuring may compromise journalistic integrity and audience engagement.
- The fallout from Frances Cook's departure from NZME highlights critical issues of content ownership and management in the evolving landscape of digital media.
Deep dives
TVNZ's Financial Challenges
TVNZ is facing significant financial challenges, with proposals in place to achieve $30 million in savings. Plans include restructuring staffing, with discussions around reducing 90 jobs primarily in production and news areas. There is a concern about how these changes will impact audience engagement and revenue, especially since broadcast television is experiencing a sharp decline. The restructuring raises questions about whether the proposed measures will be sufficient to stabilize the organization in a rapidly digitizing media landscape.
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