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A very good point. The forming of KPEX whilst not at the same revenue level as TV was groundbreaking. The closing of KPEX is commercial suicide and has handed yet more money to the behemoths.
It'd be interesting to see if TVNZ's $17m loss wasn't written off.
TVNZ isnt the main issue. TV3's real competition is Google & Facebook who are hoovering up all the media spend and having the added advantage of having a tax free existence.
Or a case of the competition having a blank cheque with tax payers money
Clown's looking for something client-side
It could be suggested that this is better written comedy than anything on TV3, but it's actually just a tragic tale about leadership incompetence.
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