New Zealand on Air has rejected MediaWorks bid for funding for a new daily soap opera.
The series, called Trinity Point and touted as New Zealand's answer to Home and Away, needed several million dollars of funding to proceed.
A press release from NZoA said the project was given serious consideration but was not supported as it was not a priority.
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MediaWorks group entertainment content director Andrew Szusterman put out a statement expressing his dismay at the decision.