March 4 (Reuters) - Disney ( DIS ) is planning to reduce

headcount by roughly 6% of the total workforce of ABC News Group

and Disney Entertainment Networks, a person familiar with the

matter said on Tuesday, as the entertainment giant grapples with

declining TV audience.

The layoffs, which would affect less than 200 staff across

both the units, are expected to be announced as early as

Wednesday with a majority of the impact on ABC News, the person

said, requesting anonymity as the matter is confidential.

Some ABC shows including "20/20" and "Nightline" are

consolidating into one unit, the source said.

Disney ( DIS ) is also integrating its digital editorial and social

teams with news gathering, shows and owned stations, the person

said.

ABC News is home to the popular news talk show "Good Morning

America". The Wall Street Journal, which reported the news

earlier in the day, said that all three hours of the branded

show will be consolidated under one leader. The show's third

hour currently has a separate production team.

Media giants are reshaping their business strategies in

response to the continued migration of cable TV audiences to

streaming platforms.

ABC News did not immediately respond to a Reuters request

for comment.

Disney ( DIS ) reported a 44% jump in adjusted per-share earnings of

$1.76 for the October-December quarter.

(Reporting by Janaki Venugopalan and Mrinmay Dey in Bengaluru;

Editing by Mrigank Dhaniwala)