A unanimous board of directors for Nyhetsbolaget under the recommendation of CEO Åsa Tillberg has decided to give her the task of phasing out TV4 News as a traditionally distributed TV channel. The decision means 20 positions will be eliminated within Nyhetsbolaget.
"Despite the fact that TV4 News has developed into a high-quality news channel, TV viewership hasn't increased as quickly as we expected when we started the channel," says Tillberg. "I don't see that TV4 News in its current format has the possibility to become profitable."