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U.K.'s ITV to Restructure Amid Rise of Streaming

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hollywoodreporter.com

U.K. TV giant ITV said on Monday that it plans to restructure its broadcast business "to better reflect and serve changing viewing habits" amid the rise of streaming.

ITV said it would create a new media and entertainment division with two new business units - broadcast and on-demand. ITV said both divisions will "be supported by leaner central support services," a sign of job cuts.

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