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Warner Bros. Discovery Plans to Close New Zealand News Business

Warner Bros. Discovery has announced plans to close its New Zealand media unit, Newshub, in the middle of the year. This decision will result in job losses and leave the nation with only one television news service. The company has initiated discussions regarding a proposed remodeling and restructure of its free-to-air business in New Zealand. A final decision is expected in early April, and if approved, the changes will take effect after June 30.

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