Warner Bros. Discovery confirmed the closure of Newshub's news operations, resulting in approximately 300 job losses. TVNZ, the state-owned broadcaster, also announced the axing of several programs and bulletins, leading to the loss of another 68 media roles.
Newshub investigative reporter Michael Morrah expressed devastation over the layoffs, highlighting the impact on democracy and society. Warner Bros. Discovery's president, James Gibbons, attributed the closures to economic challenges, with a significant decline in TV advertising in New Zealand.
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