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flag TVNZ posted a $2.4M profit in 2025 despite revenue drop, thanks to digital ads and cost control, with a World Cup subscription launch and dividend planned.

flag TVNZ reported a $2.4 million net profit for the six months ended December 31, 2025, driven by digital advertising growth and cost management, despite a 12% revenue drop and a $28.5 million one-off write-down. flag Digital ads made up over 30% of ad revenue, with the Activate™ platform improving targeting on connected TVs. flag The company plans to relaunch TVNZ+ in April with enhanced features, including a subscription package for the 2026 FIFA World Cup, and expects to pay a $1.6 million dividend to the Crown. flag It also announced leadership changes and is exploring content partnerships, including potential access to HBO Max.

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