Speaker: The real balance sheet
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Alfie, in reply to
Investigative journalism costs more. Agree about ‘news’.
News is expensive when it's done properly because of the large teams involved. I seem to remember the One News budget was around $45m per year, and that was back in the 90s. NZonAir paid TV3 around $56k for each of the ten 3D Investigates programmes which gives you a rough indication of the actual budgets involved.
When current affairs shows air in primetime, the advertising revenue usually dwarfs the cost of making the programme. When TV3 moved 3D to a backwater late night slot, the advertising revenue around the show would have declined markedly along with the audience. That fact alone would allow Weldon to claim that the series was unprofitable.
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Ian Dalziel, in reply to
…does this mean that the IQ of the country is rising?
Hmmm, when you put it that way
- there is a gap in the NZ market for a Kiwi version of QI... -
Ian Dalziel, in reply to
the Speedo© Factor…
I’m leaning more toward another diagnosis: incompetence.
Let’s not forget Weldon is an ex-performance swimmer, that’s a tight ‘stay-in-the-lane-swim-faster-than-the-next-bloke’ mentality right there…
a tad limiting in the fast changing communication gene pool – but that’s why he’s heading for the shallow end as fast as his ‘one-kick ponies’ can take him.Demutualising a venerable institution like the NZ Stock Exchange was like shooting cash cows in a barrel, couldn’t help but be a nice earner…
…all that background bio work for New York change merchants will inform the choices and add the knowledge that prey is easier to kill in shallow waters and ships are easier to break up on the beach – I wouldn’t be surprised if there’s a garage sale coming up …
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Sacha, in reply to
I’m leaning more toward another diagnosis: incompetence.
StopPress story "Current affairs has a future, but it’s unlikely to be found in a teleprompter " supports that.
While it isn’t easy to make current affairs commercially viable, new media news publishers like Vice, Buzzfeed and The Young Turks have found massive audiences actively searching out their content and watching it every day.
Last year at YouTube’s Brandcast event, Vice’s global general manager Hosi Simon gloated that the media company is operating in 35 countries with over 5,000 contributors, creating 1,000 hours of content in 18 languages—and it has grown even bigger since then.
Simon says this all happened at a time when the general consensus was that young consumers simply don’t want news.
“When we first started, everyone in mainstream media told us emphatically that young people don’t care about the news, and young people particularly don’t care about anything international. Young people just want short, snackable content and nothing serious. Instead of listening to them, we decided to ask our fans around the world what they actually wanted in a news channel. What we found out was that Gen Y was absolutely desperate for news, but they were totally disenfranchised with traditional news media. And, most importantly, they were consuming news in very different ways.”
In many industries I do wish silly old folk would just get out of the way.
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Sacha, in reply to
That fact alone would allow Weldon to claim that the series was unprofitable.
pissing off the 6pm News show's long-time financial segment sponsor, ASB - priceless.
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Rosemary McDonald, in reply to
Who still does it?
Jess McAllen....
http://m.nzherald.co.nz/entertainment/news/article.cfm?c_id=1501119&objectid=11541769
I was ridiculously impressed by this article. Love the juxtaposition of the photos and paintings.
If 'quality journalism' in NZ can be indicated by making it on to the Farrar/Slater shit-list...this young woman has made it.
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izogi, in reply to
I don’t want to denigrate Jess McAllen’s work which I’m not familiar with, and I also enjoyed that article, but I’m not sure if it’s specifically a great example of investigative journalism. It looks more as if she’s read several books with a common theme (possibly just one book?) and is reporting on the content.
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Jason Kemp, in reply to
I'm curious as to why 3D was moved from Sunday night where it had viewers to a slot on Monday where it was doomed to fail. Surely switching timeslots like that is at least negligent if not constructive demolition?
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Rosemary McDonald, in reply to
but I’m not sure if it’s specifically a great example of investigative journalism.
agreed....but she has good bones. https://jessmcallen.contently.com/
and right here...http://publicaddress.net/system/cafe/access-disability-as-a-wicked-policy-problem/?p=345603#post345603
We remember those who tell our stories....
I have hope.
But why oh why was that article buried in the Fluffy section?
Or maybe I'm just prejudiced against the Entertainment section?
Or maybe its a good thing that better quality journalism has snuck into the Fluffy pages and some of the content may just rub off.
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Bart Janssen, in reply to
I’m curious as to why 3D was moved from Sunday night where it had viewers to a slot on Monday where it was doomed to fail.
Because management wanted it to fail in order to give them a reason the kill it.
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