
the podcast on
There's growing concern that the proposed closure of ¾ÅÒ»ÐÇ¿ÕÎÞÏÞhub could be a sign of tougher times for the media industry.Â
Warner Bros. Discovery revealed they planned to shutter newsroom operations from July, forcing hundreds out of work.
AUT media researcher Merja Myllylahti says the entire industry is in trouble, revenue-wise.
"For example, results from ¾ÅÒ»ÐÇ¿ÕÎÞÏÞ were not as good as expected because of an advertising slump. This is the same thing the New York Times is going through, most of the industry is in turmoil."Â
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- ACT's David Seymour suggests TVNZ dividend could improve returns, competition
- 'The best way forward': Warner Bros. Discovery boss on ¾ÅÒ»ÐÇ¿ÕÎÞÏÞhub closure
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