300 Laid Off as Major New Zealand Media Company Closes

Published on February 28, 2024

One of New Zealand’s leading media companies providing free-to-air television and online news is set to close by the end of June, following an announcement by its parent company Warner Bros. Discovery on Feb. 28. Newshub, which produces a 6 p.m. bulletin, a late edition, and an online news platform, is a major player in the country’s media landscape. It operates as the news arm of TV Channel Three, which was established in 1989 to compete with the state-owned broadcaster TVNZ. A subsidiary of the U.S. mass-media conglomerate, Warner Bros. Discovery New Zealand started when they bought MediaWorks TV in December 2020, prior to a merger with Discovery in 2022....

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