TV4 axes news unit, closing channels in cost-cutting drive » Digital TV Europe

Swedish broadcaster TV4 Group has announced wide-ranging cost-cutting measures that will see it fold its independent news subsidiary TV4Nyheterna, bringing all journalistic activity back into its core business. The company is also setting up a new joint unit for studios and production technology across news and sports as part of a wider rationalisation of its activities.

Source: TV4 axes news unit, closing channels in cost-cutting drive » Digital TV Europe

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