Warner Bros. Discovery's Asia Pacific president reckons shutting down Newshub at the end of June is the best way forward.

Staff were shocked as the company announced they would close down Newshub's newsroom and website- blaming financial headwinds and a tough advertising market.

President James Gibbons says he's come to the conclusion this is the right approach.

"We've certainly come to the conclusion this is the best way forward, but we really do welcome hearing from both the team- and indeed all news stakeholders in New Zealand." 

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