Three news: risk-off for Warner Bros Discovery, risk-on for Stuff

Three news: risk-off for Warner Bros Discovery, risk-on for Stuff
Bold play or dumb move, Stuff is getting into the TV news business. (Image: Getty)
Daniel Dunkley
Following weeks of secret talks, a solution was finally found to save TV news on Three. Newspaper publisher Stuff will supply the channel with a new-look bulletin in exchange for a fee from Three’s American owner Warner Bros Discovery. But who really wins?The outcome is still bleak for many. Following the closure of Newshub and most of Warner Bros Discovery's (WBD’s) local TV production, up to 300 people will lose their jobs. Just a few dozen are expected to move over to Stuff as it launches its broadcasting brand.Will the deal...

More Media

MediaWorks posts $107.1 million loss
News in Brief

MediaWorks posts $107.1 million loss

But advertising company insists 'turnaround' is on track. 

Staff reporters 30 May 2024
Select committee advises against online news bill
Law & Regulation

Select committee advises against online news bill

There is disappointment across the news sector.

Daniel Dunkley 28 May 2024
‘Bite-sized’ digital content is past its due date
Technology

‘Bite-sized’ digital content is past its due date

How a company found success by creating content that brings people together.

Ben Moore 23 May 2024
Lord of the Rings return boosts screen sector
Editor's Picks

Lord of the Rings return boosts screen sector

News that NZ is to become Middle-earth once again is welcomed by the film industry.

Daniel Dunkley 20 May 2024