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TVNZ posts $20m profit

Author
Anna Cross,
Publish Date
Mon, 2 Mar 2015, 1:35PM
Photo / Getty Images
Photo / Getty Images

TVNZ posts $20m profit

Author
Anna Cross,
Publish Date
Mon, 2 Mar 2015, 1:35PM

TVNZ has delivered an after tax net profit of nearly $20 million.

It's released its result for the six months to the end of December.

TVNZ Chief executive Kevin Kenrick says video streams are up 38 percent year on year.

But he says in common with other media groups, advertising revenue is down.

 

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