TV3 is going bust. Maybe not right now but it has to happen. The latest news is that Mark Weldon has resigned. He's the MediaWorks CEO. Weldon has been the architect of much of the malaise and his going could be a good thing, but it could also mean the organisation is in chaos. Time will tell no doubt.
Four is becoming Bravo. This couldn't get any worse. I don't want reality TV 24/7. MediaWorks have failed to convert its younger viewers into reliable viewers when they get older. They needed to work on that, not throw the baby out with the bath water (no pun intended).
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