
Radio New Zealand will not enter the New Zealand Radio Awards due to
budget constraints it was revealed today.
An email from RNZ chief executive and editor-in-chief Peter Cavanagh to
all staff revealed the media agency has "reluctantly" withdrawn from this
year's awards after cleaning up last year.
The email reads: "As you know, RNZ's funding was frozen in this year's
budget and we have been forced to implement a range of cost-saving measures
to offset an increase in non-discretionary overheads totalling $1.5 million in the
current financial year.
"Unfortunately the New Zealand Radio Awards carry significant entry costs for
RNZ and the decision to temporarily withdraw has been made to protect
expenditure on core services."
The decision will be reviewed after the 2010 Budget.
Source: The National Business Review
http://www.nbr.co.nz/article/rnz-has-no-money-enter-radio-awards-112112
via Yimber Gaviria, Colombia
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