Latest news with #PaulGoldsmith
NZ Herald
5 days ago
- Business
- NZ Herald
Media Insider podcast: Media and Communications Minister Paul Goldsmith on RNZ ratings, TVNZ financials and the state of his industry reforms
New Media Insider podcast launches today: Media and Communications Minister Paul Goldsmith on TVNZ's financials and RNZ's radio ratings: 'They should never lose sight of the fact that the core business is having live radio...' The Government says it is pushing TVNZ hard to improve its financial performance, with hopes
Scoop
23-05-2025
- Business
- Scoop
Budget 2025: More Money For Journalists, Less For RNZ
Article – RNZ The government is putting more money into hiring local journalists, but cutting Radio New Zealand's budget. The government is putting more money into hiring local journalists, but cutting Radio New Zealand's (RNZ) budget. Budget 2025 includes $6.4 million over four years to hire journalists in heartland New Zealand for reporting on councils and courts. Minister for Media and Communications Paul Goldsmith said the funding will help communities stay informed and hold decision-makers to account. 'It will get funding into regional newsrooms so that more local frontline journalists can report on the things that matter to their audiences.' The money will expand two existing programmes – Local Democracy Reporting and Open Justice – which the minister said had an emphasis on 'reporting, rather than opinion'. At the same time, RNZ will have its budget cut by $18m over four years – $4.6m a year – around 7 percent of its current $67m allocation. Goldsmith said the savings would recognise that government-funded media needed to deliver the same efficiency and value as the rest of the public sector. 'I expect RNZ to improve audience reach, trust and transparency. I am confident the organisation can do so while operating in a period of tightened fiscal constraint.' The minister said RNZ had had funding increases in recent years, including a $26m boost in 2023 and $7.3m in 2020. In a statement, RNZ board chair Jim Mather said the organisation was 'naturally disappointed' but it 'acknowledged the government's fiscal challenges at present as well as the headwinds affecting the wider media sector'. RNZ will review its plans. Away from funding allocation, Goldsmith said he was considering submissions on media reform. He would have more information in the 'coming months'. The minister said media were facing significant challenges and needed modern legislation to keep the sector financially sustainable.
Scoop
23-05-2025
- Business
- Scoop
Budget 2025: More Money For Journalists, Less For RNZ
Article – RNZ The government is putting more money into hiring local journalists, but cutting Radio New Zealand's budget. The government is putting more money into hiring local journalists, but cutting Radio New Zealand's (RNZ) budget. Budget 2025 includes $6.4 million over four years to hire journalists in heartland New Zealand for reporting on councils and courts. Minister for Media and Communications Paul Goldsmith said the funding will help communities stay informed and hold decision-makers to account. 'It will get funding into regional newsrooms so that more local frontline journalists can report on the things that matter to their audiences.' The money will expand two existing programmes – Local Democracy Reporting and Open Justice – which the minister said had an emphasis on 'reporting, rather than opinion'. At the same time, RNZ will have its budget cut by $18m over four years – $4.6m a year – around 7 percent of its current $67m allocation. Goldsmith said the savings would recognise that government-funded media needed to deliver the same efficiency and value as the rest of the public sector. 'I expect RNZ to improve audience reach, trust and transparency. I am confident the organisation can do so while operating in a period of tightened fiscal constraint.' The minister said RNZ had had funding increases in recent years, including a $26m boost in 2023 and $7.3m in 2020. In a statement, RNZ board chair Jim Mather said the organisation was 'naturally disappointed' but it 'acknowledged the government's fiscal challenges at present as well as the headwinds affecting the wider media sector'. RNZ will review its plans. Away from funding allocation, Goldsmith said he was considering submissions on media reform. He would have more information in the 'coming months'. The minister said media were facing significant challenges and needed modern legislation to keep the sector financially sustainable.
Kiwiblog
23-05-2025
- Business
- Kiwiblog
Media funding
Radio NZ reports: At the same time, RNZ will have its budget cut by $18m over four years – $4.6m a year – around 7 percent of its current $67m allocation. This means they will still be getting $62 million a year. In 2017 they got $35 million. Any other media organisation would love to have revenues in 2025 that are 77% higher than in 2017. Even if you take inflation into account, Radio NZ funding next year will be 38% higher than in 2017. Budget 2025 includes $6.4 million over four years to hire journalists in heartland New Zealand for reporting on councils and courts. Minister for Media and Communications Paul Goldsmith said the funding will help communities stay informed and hold decision-makers to account. 'It will get funding into regional newsrooms so that more local frontline journalists can report on the things that matter to their audiences.' The money will expand two existing programmes – Local Democracy Reporting and Open Justice – which the minister said had an emphasis on 'reporting, rather than opinion'. These two areas are the rare areas of media worth funding centrally. As Goldsmith says they are old fashioned reporting, not opinion. But they are also vital parts of New Zealand that need sunlight. We want media reports of court cases, and decisions by Councils.
Scoop
23-05-2025
- Business
- Scoop
Budget 2025: More Money For Journalists, Less For RNZ
The government is putting more money into hiring local journalists, but cutting Radio New Zealand's (RNZ) budget. Budget 2025 includes $6.4 million over four years to hire journalists in heartland New Zealand for reporting on councils and courts. Minister for Media and Communications Paul Goldsmith said the funding will help communities stay informed and hold decision-makers to account. "It will get funding into regional newsrooms so that more local frontline journalists can report on the things that matter to their audiences." The money will expand two existing programmes - Local Democracy Reporting and Open Justice - which the minister said had an emphasis on "reporting, rather than opinion". At the same time, RNZ will have its budget cut by $18m over four years - $4.6m a year - around 7 percent of its current $67m allocation. Goldsmith said the savings would recognise that government-funded media needed to deliver the same efficiency and value as the rest of the public sector. "I expect RNZ to improve audience reach, trust and transparency. I am confident the organisation can do so while operating in a period of tightened fiscal constraint." The minister said RNZ had had funding increases in recent years, including a $26m boost in 2023 and $7.3m in 2020. In a statement, RNZ board chair Jim Mather said the organisation was "naturally disappointed" but it "acknowledged the government's fiscal challenges at present as well as the headwinds affecting the wider media sector". RNZ will review its plans. Away from funding allocation, Goldsmith said he was considering submissions on media reform. He would have more information in the "coming months". The minister said media were facing significant challenges and needed modern legislation to keep the sector financially sustainable.
