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Carlton and Granada are considering setting up a dedicated ITV news division should their proposed merger be approved by the competition authorities.
An ITV news division would be home for the broadcaster's regional news operations around England, as well as the ITV News Channel.
It could also potentially become the home for ITN, should a merged Carlton and Granada take full control of ITV's national and international news provider, as permitted under the Communications Act.
An ITV news department would sit alongside two other operating divisions - for production and broadcasting - within the merged company.
The creation of three new divisions, including one for ITV news, will lead to savings of £12m on content spending and a £12m reduction in "back of house broadcasting and commissioning", according to the Financial Times.
An ITV news division would be home for the broadcaster's regional news operations around England, as well as the ITV News Channel.
It could also potentially become the home for ITN, should a merged Carlton and Granada take full control of ITV's national and international news provider, as permitted under the Communications Act.
An ITV news department would sit alongside two other operating divisions - for production and broadcasting - within the merged company.
The creation of three new divisions, including one for ITV news, will lead to savings of £12m on content spending and a £12m reduction in "back of house broadcasting and commissioning", according to the Financial Times.