Ministry of Economic Development Home
|
Contact MED
|
Other MED Websites
Business Consultation Website
Business News Update
Companies Office
Crown Minerals
Digital Strategy
Energy Safety
Government 2 Business
Government Urban and Economic Development Office
Growth and Innovation Advisory Board
Growth and Innovation Framework
Insolvency and Trustee Service
Insurance and Superannuation Unit
Intellectual Property Office
Ministry of Consumer Affairs
Ministry of Economic Development
Ministry of Tourism
Ministry of Tourism - Research
Motor Vehicle Traders Register
National Enforcement Unit
New Zealand 2011
New Zealand Major Events
Personal Property Securities Register
Plant Variety Rights Office
Radio Spectrum Management
Regional Development Conference
Societies and Trusts
Jump to Site Navigation Links
Doing Business in NZ
Regulation
NZ Economic Development
International Trade
Energy & Resources
Tourism
Consumer Issues
ICT
About MED
Online Services
Companies Office
Crown Minerals
Electrical Workers
Insolvency
Intellectual Property
Gas & Electrical Safety
Insurance & Superannuation
Motor Vehicle Traders
Personal Property
Plants Variety Rights
Radio Spectrum
Tourism Research
Links to this page were:
Home
ICT
Radio Spectrum
Archive
Radio Spectrum Policy
Rights at Expiry
Initial Value of VHF Licences
Section Subnavigation Links:
Radio Spectrum
Archive
Radio Spectrum Policy
Rights at Expiry
The Initial Value of VHF Television Licences
[ Last Updated 13 December 2005 ]
Short Description
Report from Price Waterhouse on the initial value of VHF Television Licences, including allocation of spectrum rights, an international overview and statutory benchmarks, plus market-pricing details and worldwide affordability tests.
Author
PricewaterhouseCoopers
Document Status
Archived
Document Table of Contents
Executive Summary
1. Background
2. Methodology
3. International Overview
4. Statutory Benchmarks
5. Market-Pricing Benchmarks
6. Affordability Tests
7. Recommendation
8. Calculation of Initial VHF Licence Market Values
Data from Figures in 'The Initial Value of VHF Television Licences'
Appendix 1: United States Spectrum Auctions
Appendix 2: Discount Rate
Other Formats Available To Download
The Initial Value of VHF Television Licences [487 kB PDF]
Get a PDF Reader
List of Figures
Figure 1: Range of Broadcasting Licence Values (as a Percent of Licence Revenue)
Figure 2: UK Broadcasters Licence Payments
Figure 3: Profitability of Australian Commercial Television Broadcasters
Figure 4: TVNZ Parent Profit Margins
Figure 5: TVNZ Return on Capital Employed
Figure 6: TVNZ Segmented Profitability
Figure 7: CanWest NZ Rate of Return
List of Tables
Table 1: Calculation of Up-Front Licence Payments, before Consideration of Affordability
Table 2: UK Broadcasting Market
Table 3: Australian Broadcasting Licence Payments
Table 4: Statutory Licence Payments: Summary
Table 5: New Zealand Local VHF Licence Auctions
Table 6: Grossed-Up National VHF Value (from Local VHF Auctions)
Table 7: National VHF Value (Converted from National UHF Auctions)
Table 8: Prime NZ Financial Accounts
Table 9: Prime NZ Licence Cost
Table 10: UK ITC Licences Additional Licence Payments
Table 11: Australia Broadcasting Auctions
Table 12: Australian Broadcasting Licence Fair Values
Table 13: Market Pricing Benchmarks: Summary
Table 14: Profitability of ITV Licensees
Table 15: Profitability of Carlton and Granada
Table 16: Range of Percentage of Revenue Licence Payments
Table 17: Revenue Basis for Up-Front Licence Payment Calculation
Table 18: Calculation of TV4:TV3 Value Ratio
Table 19: Calculation of Initial Up-Front Licence Payments,1995 - V
1
in Price-Setting Formula, before Consideration of Affordability
Table 20: Renewal Price Calculation (V
2
)
Table 21: US Broadcasting Auctions
Back to Top
Doing Business in NZ
Recent Updates
Current Reviews & Consultation
Expanding a Business
Insolvency
Intellectual Property
Online Services
Government Procurement
Research
Standards & Conformance
Starting a Business
Eco-verification
Regulation
Recent Updates
Current Reviews & Consultation
Competition Policy
Corporate Law and Governance
Financial Sector Policy
Insolvency Law
Intellectual Property Policy
Regulatory Impact Analysis
Regulatory Policy
NZ Economic Development
Recent Updates
Current Reviews & Consultation
KiwiSaver Supply Side Impacts
CMD Taskforce
Building Business Capability
Industry Development
Infrastructure Development
NZ Trade & Enterprise
Regional Development
RWC Office
Small & Medium Enterprises
Credit-Employment Survey
Archive
International Trade
Recent Updates
Current Reviews & Consultation
Exporting from NZ
Free Trade Agreements
Importing to NZ
International Organisations
Mutual Recognition Arrangement
New Zealand Tariffs
Trade Remedies
Environmental Agreements
Trading with Australia
Energy & Resources
Recent Updates
Current Reviews & Consultation
Summary of Energy Policy Initiatives
Bioprospecting
Crown Minerals
Maximising Petroleum Potential
New Zealand Energy Strategy
Electricity
Environment
Energy Information
Energy Modelling
Energy Safety
Gas
Geothermal Energy
International Relationships
Oil & Alternative Fuels
Carbon Capture & Storage
Water
Archive
Tourism
Recent Updates
Ministry of Tourism
Media Releases
Archive
Consumer Issues
Recent Updates
Ministry of Consumer Affairs
Business Information
Consumer Information
Ecolabels
Education
Measurement
Policy, Law & Research
Product Safety
Publications
Scamwatch
Archive
ICT
Current Reviews & Consultation
ICT Policy Initiatives
ICT Regulation
Broadband
Telecommunications
Radio Spectrum
Digital Technology
Recent Updates
Electronic Commerce
Postal Policy
About MED
Purpose and Vision
Strategy and Priorities
Crown Entities & Other Boards
Organisational Structure
Strategic Leadership Team
Our Ministers
Media Centre
Publications
Grants & Scholarships
Careers
Contact Us
Jump to main page content.
Printed: 26/11/2009