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freitasm

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#311931 28-Feb-2024 11:38
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Newshub set to close at end of June, Warner Bros. Discovery staff devastated - NZ Herald

 

 

One of our biggest commercial media company’s newsrooms - Newshub - is set to close at the end of June, with dozens of high-profile presenters and journalists out of roles.

 

High-profile talent such as 6pm news presenters Mike McRoberts and Samantha Hayes and new 7pm show host Ryan Bridge are set to lose their jobs.

 

The Newshub website will also close. The company employs at least 57 journalists.

 

Warner Bros. Discovery laid out the plans to close Newshub at an all-staff meeting at 11am. Security guards were placed outside the company’s premises in Auckland and Wellington.

 

“Look this is awful,” Warner Bros. Discovery NZ boss Glen Kyne told staff at the meeting.

 

The company would look to co-fund local news but ThreeNow was now the “core” of a future digital business, staff were told.

 

In a statement at 11.18am, Warner Bros. Discovery said it had commenced consultation on a “proposed remodelling and restructure of its ANZ free-to-air business in New Zealand”.

 

“The proposal includes the closure of all Newshub’s multiplatform news operations and output, and new local programming would only be in collaboration with local funding bodies and other partners.”

 





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alasta
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  #3203476 5-Mar-2024 19:32
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There have been a number of suggestions as to what the government could do to support Newshub, such as the Meta/Google regulation, dropping Kordia transmission fees, or evening the playing field by requiring TVNZ to return a dividend. Ultimately I am doubtful as to whether any of that would make a material difference.

 

What I am more interested in hearing from the minster about is the long term strategy for NZ On Air. It is widely believed within media circles that Three will lose a huge chunk of audience share as a result of no longer having the audience lead-in provided by news. This makes it a lot more difficult for NZ On Air to justify support for productions that would screen on Three, and the implications of that are currently unclear due to the minster's failure to front up. 


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