Newshub bosses did not ask the government for any financial assistance before they announced a proposal to shut down their news production.
As many as 300 staff members will lose their jobs by the end of June if the proposal goes ahead.
The company reported a $34 million loss for 2022, and Warner Brothers Discovery NZ boss Glen Kyne says that trajectory wasn't sustainable.
Broadcasting Minister Melissa Lee declined our request for an interview.
Former Broadcasting Minister Willie Jackson spoke to Corin Dann.