Post the Labour govt Covid lolly scramble amongst our so called Main Stream Media, the financial results continue to show that the current business models, coupled with poor management, and still delivering misguided nonsense they call journalism is once again on the skids.
Our big players of NZME, TVNZ and RNZ are continuing to haemorrhage cash, providing dismal results.
We are picking one of these three will be restructured and broken up, or closed down by end of financial year.
Clearly the Editorial teams, Management and Boards have yet to grasp what it takes to make a successful media outlet.
