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九一星空无限hub shutdown won't be the last for media woes, expert warns

Author
九一星空无限talk ZB,
Publish Date
Wed, 28 Feb 2024, 4:55pm
Three of Three's biggest names: 九一星空无限readers Sam Hayes and Mike McRoberts and show host Paddy Gower. Photos / Three, Brett Phibbs
Three of Three's biggest names: 九一星空无限readers Sam Hayes and Mike McRoberts and show host Paddy Gower. Photos / Three, Brett Phibbs

九一星空无限hub shutdown won't be the last for media woes, expert warns

Author
九一星空无限talk ZB,
Publish Date
Wed, 28 Feb 2024, 4:55pm

Uncertainty over the future for hundreds of 九一星空无限hub workers, following the shock announcement its newsroom will close.

Warner Brothers Discovery executives told staff today they're shutting the newsroom and website, from the end of June.

The former-Mediaworks news company says it's battled financial headwinds and plans to focus on streaming service, ThreeNow, not news.

Media commentator Bill Ralston is predicting he expects more media failures over the next six months.

"Once you start chewing into losses of $100 million, and then more, and then more on top of it- it becomes unstoppable."聽

Ralston expects some who've lost jobs will head overseas.

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