Tvnz.co.nz
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Tvnz.co.nz
, type = Crown entity , industry = Broadcast television , num_locations = New Zealand , location = Auckland, New Zealand , area_served = Nationally (New Zealand) and some Pacific Island nations such as the Cook Islands, Fiji, and the Solomon Islands , founded = , owner = Minister of Finance (50%) Minister of Broadcasting (50%) , key_people = Simon Power (CEO) , homepage = , divisions = , products = Television , subsid = Former TV stations , revenue = (2019) , net_income = (2019) , assets = 43.2% (2019) , predecessor = Television New Zealand ( mi, Te Reo Tātaki o Aotearoa), more commonly referred to as TVNZ, is a television network that is broadcast throughout New Zealand and parts of the Pacific region. All of its currently-operating channels are free-to-air and commercially funded. TVNZ was established in February 1980 following the merger of the two government-owned television networks, Television One (now TVNZ 1) and South Pacific Televisio ...
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Crown Entity
A Crown entity (from the Commonwealth term ''Crown'') is an organisation that forms part of New Zealand's state sector established under the Crown Entities Act 2004, a unique umbrella governance and accountability statute. The Crown Entities Act is based on the corporate model where the governance of the organisation is split from the management of the organisation. Subtypes of crown entities Crown entities come under the following subtypes: * Statutory entities — bodies corporate established under an Act ** Crown agents — organisations that give effect to government policy, such as the Accident Compensation Corporation, which administers no-fault workers compensation ** Autonomous Crown entities (ACE), which must have regard to government policy, such as Te Papa, the national museum ** Independent Crown entities (ICE), which are generally independent of government policy, such as the Commerce Commission, which enforces legislation promoting competition * Crown entity companie ...
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