NZPA closing after 132 years

National news agency the New Zealand Press Association is to be wound up after 132 years of work, the Herald understands.

Staff were called to a meeting late this afternoon where it was announced the organisation is to be wound up in four to six months.

NZPA employs about 40 journalists and provides up to 1000 news items to New Zealand's news outlets each day.

- NZHERALD STAFF