Our right wing government (by NZ standards to be sure) espouses a philosophy that seeks to privatise profits and socialise losses and one area that has always caused gritted teeth in the National party is state media.
Along with cutting taxes (now firmly off the menu till some actual recovery occurs) getting the state out of the communications business has long been on their agenda, and the broadcasting charter has stood in the way of that. So legislation is afoot to finally water that charter into oblivion.
Tune-up for TVNZ - Business - NZ Herald News
National insists privatisation is completely off the agenda as it presses ahead with the Television New Zealand Amendment Bill removing the last ghosts of the public charter.Ah, the denial, stage two of the Accusation/Denial/Proof troika.
It is the latest in a long list of Governments to try to change, fix, tweak or punish the state-owned TV company.
Financial returns announced this week - a $2.1 million profit, down from $19.4 million the previous year - come as the network faces more tough times and pressure to boost dividends in the middle of an advertising slump and media revolution.
The problem is that there's going to be nobody to buy it and no benefit in doing so. All the corporate media people are busy trying to save their own butts as advertising dollars move online and newspapers, magazines and electronic media try to run with two wheels in the ditch.
Right now there's a free information market, a really free market, with a trivial hurdle to entry (can you go into your local library and get a Blogger account?) and no possible way to capture any slice of the market. Jeff Jarvis and Clay Shirky have been charting the decline and fall of big media for a decade now and most of their predictions are coming true, leaving old media in a real bind.
Right wing politicians love the idea that their corporate buddies will do all the propaganda and they can do a nice impression of "its not US, its them", but when corporate media, especially TV and radio are reaching only the poorest members of society, while the rest are plotting the revolution online.
Of course they could solve the problem by increasing the number of poor people. Looks like that is being solved as we speak.