NZ national news agency's future in doubt

The future of New Zealand’s national news agency was thrown into doubt today when major subscriber and shareholder Fairfax Media announced it was pulling out of the cooperative.

The future of New Zealand’s national news agency was thrown into doubt today when major subscriber and shareholder Fairfax Media announced it was pulling out of the cooperative.

New Zealand Press Association Chairman Michael Muir said the board of the 131-year-old agency had ordered a review to determine whether it could keep operating.

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