Mediaworks Endorses National’s Broadcasting Policy

MEDIA RELEASE
FOR IMMEDIATE RELEASE

7 July 2008

Mediaworks Endorses National’s Broadcasting Policy

MediaWorks, New Zealand’s leading private sector broadcast and online media company, fully supports the National Party’s just released broadcasting policy.

“This is an excellent policy if for no other reason than it creates greater fairness and transparency with taxpayer funding of broadcasting,” said MediaWorks CEO, Brent Impey.

“Making TVNZ’s charter funds contestable is an effective way to stop the Crown’s subsidisation of TVNZ which is also operating as a commercial broadcaster.

“This is also good news for the TV production community in New Zealand, creating contestable access to government funds, via other broadcasting options.

“Most importantly, for viewers, this policy would create greater diversity in the content they enjoy on their screens, and would deliver a better bang for their taxpayer buck,” he said.

“We look forward to seeing Labour’s broadcasting policy,” Mr Impey said.

MediaWorks NZ Limited is a subsidiary of HT Media Holdings Limited.

MediaWorks (website: www.mediaworks.co.nz) is New Zealand’s leading private sector broadcast and online media company. Through its wholly owned subsidiaries and divisions – TVWorks Limited, RadioWorks Limited and NetWorks, it owns and operates the TV3 and C4 television networks, national radio brands The Edge, The Rock, More FM, Kiwi FM, RadioLIVE, BSport, Solid Gold and The Breeze, plus several local radio stations.

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