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Comments on: A question about media7 http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/ The Visible Hand in Economics Mon, 21 May 2012 09:09:19 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Eric Crampton http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37970 Mon, 21 May 2012 09:09:19 +0000 http://www.tvhe.co.nz/?p=6966#comment-37970 In reply to dragonfly.

@dragonfly: (Insert that animated gif of Orson Wells clapping from Citizen Kane that I can’t be bothered to figure out how to insert here, but is appropriate)

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By: Ian Dalziel http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37937 Sat, 19 May 2012 10:17:33 +0000 http://www.tvhe.co.nz/?p=6966#comment-37937 Who will pay for this?  +  the 50+ demographic  =  Rest Home and Funeral ads!
I note an increase in ads aimed at these markets (especially round tea time!).
So perhaps one sponsor for each show – like the very early years of TV, in fact that probably is the reason why TVNZ7 resonates so well with the over 50s (and the young, arguably) as it harks back to simpler times and talks straight to you as an equal (no patronising or sugarcoating) – it is like having the best of Ron Walton’s Science shows (both TV and Radio) and having the brains of the Brians (Priestley and Edwards) dissecting the media again – how else can we learn to recognise and both measure and discuss the elephants our rooms are filling up with?

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By: Kimble http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37936 Sat, 19 May 2012 10:14:49 +0000 http://www.tvhe.co.nz/?p=6966#comment-37936 In reply to wellygnome.

By that logic, defrauding the government for a few million a year should be considered a minor thing. After all, it is only a tiny fraction of the money the government wastes.

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By: wellygnome http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37934 Sat, 19 May 2012 04:09:11 +0000 http://www.tvhe.co.nz/?p=6966#comment-37934 The bigger question is why cut TVNZ7 at all?
It’s like not getting a new air freshener for your car when you are 10 months behind on the lease payments and ducking repo.
The annual cost of TVNZ7 is a rounding error in the government budget!
It’s just like people who complain about benefit fraud – $22 million last year on a multi-multi billion dollar budget is pretty damn good by any statistical measure. 
I wager than any savings from scrapping TVNZ7 will be absorped by TVNZ staffers in the form of salaries, performance incentives, travel expenses, entertainment expenses and the like over the next few years anyway. 
So what’s the point? 

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By: dragonfly http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37929 Fri, 18 May 2012 06:22:17 +0000 http://www.tvhe.co.nz/?p=6966#comment-37929 Could it be that the social benefits of both TVNZ7 and the GC can be quantified as pretty close to or less than zero? The money spent on those could be left in people’s pockets to spend on their own entertainment preferences. Or it could be spent on stuff that really does have a social benefit, such as helping deprived children become healthy, happy adults. Why is it that privileged, middle-class, educated people routinely categorise their entertainment (anything from TVNZ7 to ballet and opera) as a social good that should be subsidised by others? I download a lot of podcasts from Radio NZ. Yes, you could categorise much of that as educational and informative, but the bottom line is that, because I’m a privileged, middle-class, educated person, I find educational and informative podcasts entertaining. And I don’t think other New Zealanders should be subsidising my entertainment.

While my husband is watching wanker TV (which is what I call TVNZ7, just to piss him off really) you will find me busy watching The Real Housewives of Beverly Hills (or maybe Wife Swap) on my laptop. Featuring psychopaths, idealogues and machiavellian social climbers, these are truly entertaining shows and, even better, they haven’t cost the NZ taxpayer a cent :).
 

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By: Jolisa http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37928 Fri, 18 May 2012 02:29:22 +0000 http://www.tvhe.co.nz/?p=6966#comment-37928 In reply to Jolisa.

(In reply to Matt’s clarification). In which case, I believe I already articulated the “social value” to others of having science-savvy, arts-passionate, informed and intelligent citizens among us. Although I still find it interesting that you’re not asking the question the other way around: what is the accrued “social value” to everyone else of having watchers-of-The-GC among us? 
 
Mind you, I am not a native speaker of Economese. My arguments tend to run more like “Because it brings happiness and a higher level of debate to the world at large and it’s not costing you much more than a penny and life is short and it takes all sorts and we’re all in it together, so why not?”
 
 

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By: Matt Nolan http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37927 Fri, 18 May 2012 00:37:55 +0000 http://www.tvhe.co.nz/?p=6966#comment-37927 In reply to Jolisa.

I believe in this context he is stating that social value is the value the accrues to individuals not involves with the production or direct consumption of the service.

After all, if the value only went to these people they would negotiate a price and agree to trade. 

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By: Jolisa http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37926 Fri, 18 May 2012 00:36:04 +0000 http://www.tvhe.co.nz/?p=6966#comment-37926 In reply to Kimble.

Are you saying “social value” = “dollars”? Because that wasn’t the debate I believed I was having.

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By: Kimble http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37925 Fri, 18 May 2012 00:22:32 +0000 http://www.tvhe.co.nz/?p=6966#comment-37925 In reply to Jolisa.

“…it’s hard for me to see what “social value” would be gained by *removing* a perfectly valid viewing option that’s provided on the cheap and enjoyed by 1.5 million New Zealanders a month.”

Well that’s easy.  How much does it cost the government to have it running?

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By: Kimble http://www.tvhe.co.nz/2012/05/18/a-question-about-media7/#comment-37924 Fri, 18 May 2012 00:19:10 +0000 http://www.tvhe.co.nz/?p=6966#comment-37924 The issue is probably one of relative prices rather than the independent value of Media7. Its hard to beat free.

Most of the alternatives to Media7 are free. The relative price of Media7, should it charge even a tiny fee, is going to be #DIV/0! People may value Media7 20% more than the alternatives, but that doesnt help when it costs #DIV/0! more.

FWIW, I dont think free-to-air TV is going to exist in any meaningful way in a few decades time. At that time, a PPV Media7 may stand a chance.

I think the governmental solution for the Media7 issue is clear; ban free-to-air TV.

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