Television New Zealand has managed to stay in profit by cutting its expenses in line with falling advertising revenues.
from Ellie NZ Rss http://www.stuff.co.nz/business/industries/83615417/Audience-gain-fails-to-compensate-TVNZ-for-weaker-advertising-market
from
https://ellieplume83.wordpress.com/2016/08/26/audience-gain-fails-to-compensate-tvnz-for-weaker-advertising-market/
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