Discovery puts money to work with Newshub, Three

Tue, 08 Sep 2020

Discovery Inc is coy about its plans for free-to-air TV network Three and its Newshub news service, but has enough confidence in New Zealand’s market to put money to work.Yesterday, the multinational broadcaster agreed to buy the unwanted TV assets of MediaWorks Investments for an undisclosed sum, with a view to wrapping up the deal by the end of the year.Simon Robinson, Discovery president of Asia-Pacific, said the company has already been investing in NZ with its acquisition of Top TV’s Choice TV and HGTV last year and is exp...

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