Back in late 2023, I said of TVNZ
"If left to limp along as a for-profit, the few really useful things it still owns (free-to-air broadcast infrastructure, studios, etc) are at risk of neglect and asset stripping."
https://disintermedia.net.nz/reimagining-public-media-in-aotearoa/
What I didn't know at the time was that the broadcast infrastructure is actually owned by a different SOE, Kordia.
But the cancellation of Fair Go and other flagship TVNZ shows was an example of what I meant.