It may be premature to recite the last rites over the corpse of TVNZ's commercial-free digital channel TVNZ7 but its condition is plainly terminal.
The story in our Spy column last Sunday said that the channel - launched on the Freeview platform in March 2008 and available on Sky Digital in July 2009 - would be broadcasting wall-to-wall repeats or turned into a shopping network. As the week wore on it was clear that the smart money was on the latter.
It is a development that is depressingly and predictably in line with the recent history of free-to-air broadcasting. TVNZ may reasonably claim that it must cut its coat according to its cloth, and the removal of government funding for the channel was its death knell.
But its commitment to the venture has been at best half-hearted and now it has a commercially valuable resource by way of a frequency that was given to it by taxpayers, who have funded it (and TVNZ6) to the tune of about $80 million since start-up. The TVNZ insider who told Spy that the frequency "is worth a reasonable amount of money" was putting it mildly.
If TVNZ were privately owned, this would be a massive rort. It is saved from being so only because the company is required to pay a dividend to the Government each year - though the country's major broadcaster is scarcely a cash cow: its dividend in the last financial year was $13.8 million; it received $36m in Government funding.