Clare Curran released:
The government's refusal to break the stranglehold of pay-TV company Sky on the media market has contributed to the position mediaworks finds itself in today, says Labour's Broadcasting spokesperson Clare Curran.
This is bizarre. Clare seems to have a fetish against Sky TV. It seems they are responsible for everything bad in broadcasting (despite keeping backbenches on the air) and somehow are magically responsible for Mediaworks taking on too much debt.
tvnz has remained profitable, so blaming the receivership of Mediaworks on Sky TV is ridiculous, and scapegoating. In fact their problems are long-standing around their level of debt.
“Instead of throwing a $43 million loan at MediaWorks three years ago to bail them out of a short term sticky situation, the Government should have done what most other countries do and free up the market to enable free to air television to compete with pay-television.
I've never heard of a loan with commercial interest rates (now repaid) being referred to as throwing money away before.
And by “free up the market”, I presume the actual intent is to regulate against Sky for being too successful!
I notice Clare's press release is not on the Labour website. Does her statement speak on behalf of the Labour Party? Do they also believe that Sky TV is responsible for Mediaworks having too much debt?