TV newsgathering, digital news units to be merged (Il Sole 24 Ore Radiocor) - New York, 10 Jul - US broadcaster CNN is cutting about 100 jobs and will launch its first digital subscription product later this year as it looks to lessen its dependence on its cable-TV channel, the Wall Street Journal said.

In a memo, sent to employees today, CNN Chief Executive Mark Thompson said the network's television newsgathering and digital-news divisions would be merged into a single unit as the company shifts more of its focus on digital expansion, the WSJ said.

'We recognize its potentially enormous impact on the individuals affected,' Thompson said in an interview. CNN, which has more than 3,500 employees, said the cuts would happen across the company.

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(RADIOCOR) 10-07-24 15:22:05 (0406) 5 NNNN