There's more details on the finances of Stuff's new agreement with Warner Brothers Discovery.

The Newshub owner signed a deal with Stuff yesterday to produce and provide a daily bulletin on TV Three from July 6, following Newshub's closure.

Stuff CEO Sinead Boucher says they'll bring over some Newshub employees, but fewer than the 40 or 50 proposed by staff.

Herald Editor-at-large Shayne Currie says Stuff is unlikely to get a cut of the advertising money.

"I think it's a flat annual fee for Stuff- and Warner Bros. Discovery takes all the revenue."

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