'Devastating': Newshub set to close in June, staff told
'Devastating': Newshub set to close in June, staff told

'Devastating': Newshub set to close in June, staff told

'Devastating': Newshub set to close in June, staff told
'Devastating': Newshub set to close in June, staff told
News in NZ is a money pit.
There's no way to sustain advertising revenue and truly impartial journalism.
Anonymous patronage from the 1% is pretty much the only option, well other than public funding.
That a US corporate, just chasing profit, shut it down was only a matter of time.
Wasn't there journalism funding from the government that went from COVID until recently? I wonder if cutting that was the last straw since they mention advertising dollars have dried up (something the government funding was meant to help).
That rings a bell.
Though I personally disagree with public funds subsidising a commercial operation.
One or other other, exclusively. Operate commercially or be publicly funded.