March 01, 2024
Newshub failure could start rush for exit
The Hui host Julian Wilcox says job cuts at Warner Brothers-Discovery could be only the beginning of a time of extreme disruption for the media sector.
The owner of TV3 and NewsHub told staff on Wednesday its news and current affairs would be close, meaning 300 jobs will be cut by the end of June
Mr Wilcox says the shift of media to the internet dried up television revenue.
“What I fear now, is that not only at Newshub, but now in many other places, I think of other channels who will now do the same thing. Because this was coming and when the government said that they would look at it and but wasn’t in a position to be able to do anything about it – I think the axe will fall at lots of different places now and as I say, I don’t think this was the end of it, I think it’s just the beginning,” he says
Julian Wilcox says The Hui is funded for another season, but it will need to find a new studio once NewsHub closes.