Television New Zealand (TVNZ) has said its total operating revenue has dropped 16.6 percent due to heavy declines in advertising. It said ad revenue dropped NZ$12.7 million (US$8.8 million) year on year, with total operating revenue dipping to NZ$186.9 million (US$130 million) for the six months to December. TVNZ reported earnings before interest and taxes of $14.2 million (US$9.9 million) compared with $27.7 million (US$19.3 million) for the previous period, and an after tax profit of $8.9 … [Read more...] about Low ad sales lead to revenue drop for Television New Zealand
TVNZ
Weta’s WotWots
From the creative minds of the Academy Award winning Weta Workshop comes the WotWots, a new television series for preschoolers. Filmed in Australia and New Zealand, the WotWots has already been sold to Channel Five's ‘Milkshake' UK, ABC 1 and ABC 2 Australia, TV2 New Zealand and MTV3 Finland. TVNZ will screen the worldwide launch of the program on TV2 on March 23 at 8.50am. ABC TV Australia will launch the series on April 16 in its primetime kids slot on ABC 1 at 8.25am and on ABC 2 at … [Read more...] about Weta’s WotWots
TVNZ hit by advertising loss
New Zealand - Television New Zealand (TVNZ) has acknowledged an advertising revenue loss and is taking steps to cut US$12.5 million from its budget. The public broadcaster said that even though it produced profits for a half-year result, the impact of the global economic recession caused changes in market trends and the willingness of advertisers to spend on advertising. TVNZ has said that the current revenues are about 10 percent below budget - an average annual shortfall of US$15 million. CEO … [Read more...] about TVNZ hit by advertising loss
FME delivers Satisfaction worldwide
London – FremantleMedia Enterprises (FME) has made further international sales of Australian drama Satisfaction (10x60’) following the series’ 2007 premiere on premium movie channel Showcase Down Under. FME sold Satisfaction to, Canada’s Allarco, Bulgaria’s TV2, Estonia’s Kanal 2, Poland’s TVN Style, adding to Korea’s Kenny and Co, New Zealand’s TVNZ, Ireland’s TV3, Denmark’s TV2 Zulu, Norway’s TV Norge, Belgium’s VTM, … [Read more...] about FME delivers Satisfaction worldwide
International buyers’ Beeline for Zeal’s format
London – Format distributor Zeal Entertainment, part of the Digital Rights Group (DRG) has sold The Singing Bee format to 26 territories worldwide since the show debuted July 2007 in the US on NBC. Created by The Gurin Company and Juma Entertainment, The Singing Bee musical game show already sees 14 shows airing on Australia’s Nine Network, New Zealand’s TVNZ, Turkey’s Show TV, Spain’s Antena 3, Italy’s Rai, the Netherlands’ RTL4, Finland’s MTV3, … [Read more...] about International buyers’ Beeline for Zeal’s format
Freehand sales and France 5 co-production deal for BBC Worldwide
Cannes – BBC Worldwide has concluded international sales for Australian indie Freehand’s new factual series, Outback Wildlife Rescue. The 13 x 30’ series debuted internationally in February 2008 and was licensed to Thailand’s free-to-air Channel 9, Hong Kong’s TVB, UKTV in UK and Eire, as well as Greek network Eidiseis. Outback Wildlife Rescue was commissioned by Australia’s Seven Network and has also been sold to New Zealand’s TVNZ. BBC Worldwide took a … [Read more...] about Freehand sales and France 5 co-production deal for BBC Worldwide