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ITV cuts back as coronavirus hits productions

Broadcaster ITV has introduced a series of cost cutting measures to hep deal with the coronavirus impact.

In a trading update, chief executive Carolyn McCall announced the company was reducing programme budgets by £100 million.

Ms McCall said: “We are operating in unprecedented and uncertain times, requiring us to take difficult decisions, plan carefully and act with speed.

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“Our absolute priority is to protect our people, while trying to ensure that we deliver the news and programmes our viewers value and love to watch, and to keep them informed.”

Covid-19 has already hit the production of ITV soaps Coronation Street and Emmerdale.

And work has stopped on daily shows Lorraine and Loose Women.

 

 

 

 

 

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