Warner Bros. Discovery Plans to Shut Down Its New Zealand News Service





Warner Bros. Discovery has been pushing to cut costs so it can lower expenses. This has resulted in some movies being canceled even after they were made and MotorTrend shutting down its streaming service.

Now Warner Bros. Discovery has announced plans to close its New Zealand TV news provider, according to a report from Reuters.

Warner Bros. Discovery owns one of New Zealand’s two free over-the-air TV networks, and it has announced that it plans to shut down its news operations and cut 200 media jobs.

Before it can do that, WBD will need to go through an approval process under New Zealand law. If this happens, it will mean the end of news from the network after 35 years on network Three.

This will leave those in New Zealand with just state-owned TVNZ with its editorially independent news team.

These cuts are part of a bigger push to cut costs in any way the company can to reduce its expenses, helping pay off its debts and return the company to profitability.

More cuts are in the future for Warner Bros. Discovery as it continues to look for ways to become profitable in the face of cord cutting.

Please follow us on Facebook and for more news, tips, and reviews. Need cord-cutting tech support? Join our Cord Cutting Tech Support Facebook Group for help.

Disclaimer: To address the growing use of ad blockers we now use affiliate links to sites like http://Amazon.com, streaming services, and others. Affiliate links help sites like Cord Cutters News, stay open. Affiliate links cost you nothing but help me support my family. We do not allow paid reviews on this site. As an Amazon Associate I earn from qualifying purchases.

Subscribe to Our Newsletter

* indicates required

Please select all the ways you would like to hear from :

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp’s privacy practices here.