Hard on the heels of this week's shock Newshub announcement, TVNZ is flagging further cost cutting.
The state-owned broadcaster has posted a first half-year loss linked to reduced revenue and asset write offs.
Its interim results show total revenue has fallen 13.5 percent from last year to $155.9 million.
It says it's facing a "significant reduction in television advertising revenue" and a challenging trading environment.
RNZ Mediawatch's Colin Peacock spoke to Charlie Dreaver.