All Television NZ programmes will be up for constant review as the state broadcaster faces tighter budgets and falling advertising revenue.
Figures released yesterday show TVNZ's profit halved to $8.9 million in the six months to December, compared with the $18.3 million of the previous year. Total operating revenue fell 16.6 per cent to $186.9 million.
Revenue from advertising was $152 million, a fall of $22 million or 12.7 per cent on the previous year.
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