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As the abovementioned report says, "...with the benefits of previous cost reductions and sale restructures combining with the improving advertising market..."
All entities whether government or private should always seek to minimise costs.
The acid tests are "...have I noticed any on air changes to the program material that I am consuming?" and "....even though the program has dropped because of budget cuts, for example a weekday edition of the '7:30 Report' to a Mon-Thu edition, the program may well return in another form but not necessarily with the same title, time or host, eg ABC24's afternoon programs and The World..."
There may be a case for TV where 'reality' shows are broadcast instead of dramas and variety shows.
The same could be said in the 1950s and 1960s when labour-intensive programs such as radio serials were replaced with talk and top 40.
FTA radio and television survived.
That's the business model for both media.
Then "...Importantly, these results continue to be delivered by increasingly diversified, and increasingly digital revenue streams...."
Nine, like other broadcasters is capitalizing and monetizing on delivery of program content via IP streaming whether VOD or live-streaming or podcasts.
Ironically, the organizations such as the IPA have accused the ABC of expanding its delivery of services via IP streaming while at the commercial entities are monetizing their IP services. You only have to look at this website to read articles about ARN, Nova as well as Nine's expansions into the digital arena.
Both commericial and government entities have been proactive in expanding digitally.
Yet the story of Nine's revenue for tv, radio and IP delivery like Seven also demonstrates that each of Nine and Seven have annual revenues and fewer services than the ABC.
At the same time, the ABC should also continually look to minimising costs and deliver value for money.
Thank you,
Anthony of critical and analytical Belfield in the land of the Wangal and Darug Peoples of the Eora Nation.