Staff were told of the impending closure at a meeting this morning. Scroll down for the latest updates.

Warner Bros Discovery is proposing to shut down its news wing, Newshub, from the end of June this year. The proposal, first shared to staff this morning and later to all media, includes the closure of all Newshub’s multi-platform news operations and output, and new local programming would only be in collaboration with local funding bodies and other partners.

Glen Kyne, senior vice president, head of networks, at Warner Bros. Discovery ANZ said today’s news was the result of ongoing pressures in the New Zealand media landscape.

“Every time we think we’ve landed on stable footing, something comes along and makes it unstable again, forcing us to look at ways of further reducing costs. We’ve now reached a stage where any further reduction in costs means proposing major changes,” he said in a statement.

“This is why we are proposing to shut down the newsroom. This would mean stopping all news production including the Newshub website from June 30.”

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