‘NATURE OF THE SUBSIDY’

"First, the taxpayer should secure New
Zealand rights in perpetuity. It may need
to trade part or all of the equity position
it currently takes but based on current
returns it will not be losing much. The
important benefit that is gained by this
change is that all programmes made with
taxpayer assistance would be preserved in
perpetuity for future generations of New
Zealanders. This is currently not the case
and there are a number of New Zealand
films that are now owned by offshore
entities with the result that they are no
longer readily available for screening
in New Zealand. It would also improve
future access to archival material. There
are a number of programmes in archives
(particularly the TVNZ archive) that are
not readily available to screen for various
reasons. It makes sense that the bottom
line for any taxpayer investment in a
programme is that the taxpayer owns in
perpetuity the New Zealand rights.
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This works equally as well for NZFC and NZOA."

Who, as we all know, funds Radio NZ...

in reference to: http://www.filmarchive.org.nz/images/Site_PDF/naw_discussion-paper.pdf (view on Google Sidewiki)