Hit TV mini-series House of Hancock will not be broadcast or streamed again after Channel 9 made a grovelling apology for its portrayal of mining magnate Gina Rinehart and her family.

Billionaire Mrs Rinehart sued Channel Nine and production company Cordell Jigsaw over the two-part series, broadcast in February 2015, for injurious falsehood and misleading and deceptive conduct.

Mrs Rinehart was seeking damages and a permanent injunction to prevent the program and about four minutes of cuts from being broadcast again. She also wanted an injunction preventing the DVD copy of the program being advertised as a "true story".

During an earlier hearing the court heard Mrs Rinehart wanted to argue details such as her weight, whether her father Lang Hancock cheated at tennis and the colour of her mother Hope Hancock's hair.