this post was submitted on 28 Feb 2024
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[–] deadbeef79000@lemmy.nz 3 points 8 months ago

Broadcast television died the day the internet became an ordinary household service.

It's just taken the last 25 years for its carcass to start to smell.

The actual broadcast infrastructure was profitable, so much so that the government separated Broadcast Communications Limited (BCL, later Kordia) from TVNZ to stop BCL from subsidizing the non-profitable parts of TVNZ. From then on FTA TV has been circling the drain, a race to the bottom chasing advertising dollars. Now it's just a licensor of Disney and Warner's content.