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AOL, Telepictures launch online entertainment news network

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MUMBAI: AOL and Telepictures Productions have launched TMZ.com. This is on-demand entertainment news network on the web.The site features video news segments, interviews and articles, photos and blogs.

TMZ.com’s managing editor is Harvey Levin. He created and served as executive producer of the syndicated entertainment newsmagazine Celebrity Justice.

“TMZ.com will undoubtedly become an entertainment news staple—and a regular stop online for millions of online consumers,” said Jim Bankoff, the executive VP of programming and products at America Online. “This is yet another example of AOL’s leadership in Telepictures Productions president providing the best original programming experiences on the Web.”

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Telepictures Productions president Jim Paratore said, “TMZ.com will give people breaking news on entertainment 24/7 and at the same time allow them to get their entertainment news fix whenever and wherever they want. Our resources and news gathering expertise combined with AOL’s audience reach will make TMZ.com a force from day one.”
    

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News Broadcasting

BBC to cut up to 2,000 jobs in biggest overhaul in 15 years

Cost pressures and leadership change drive major workforce reduction plan

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LONDON: BBC has unveiled plans to cut up to 2,000 jobs, roughly 10 per cent of its global workforce, in what marks its biggest downsizing in 15 years.

The announcement was made during an all-staff meeting led by interim director-general Rhodri Talfan Davies, as the broadcaster moves to tackle mounting financial pressures and reshape its operations.

Between 1,800 and 2,000 roles are expected to be eliminated from a workforce of around 21,500. The cuts form part of a broader plan to save £500 million over the next two years, aimed at offsetting rising costs, stagnating licence fee income and weaker commercial revenues.

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In a communication to staff, BBC interim director-general Rhodri Talfan Davies said, “I know this creates real uncertainty, but we wanted to be open about the challenge,” acknowledging the impact the move would have across the organisation.

The restructuring comes at a time of leadership transition. Former director-general Tim Davie stepped down earlier this month, with Matt Brittin, a former Google executive, set to take over the role on May 18, 2026.

While some cost-cutting measures are being implemented immediately, the majority of the structural changes are expected to roll out over the next few years, with full savings targeted by the 2027–2028 financial year.

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The broadcaster had earlier signalled its intent to reduce its cost base by around 10 per cent over a three-year period, warning of “difficult choices” as it adapts to shifting economic realities and audience expectations.

With operating costs hovering around £6 billion annually, the BBC’s latest move underscores the scale of the financial challenge it faces, as it balances public service commitments with the need for long-term sustainability in an increasingly competitive media landscape.

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