CNN is developing a new streaming service — and it sounds a lot like the one it shut down nearly three years ago. In an internal memo shared with The Verge, CNN CEO Mark Thompson says the service will give viewers the ability “to stream news programming from us on any device they choose” as part of a broader restructuring plan.

CNN on Thursday announced major layoffs and a new strategic plan, in a post-election maneuver meant to help transform the cable channel during a challenging time for the media business. CNN CEO Mark Thompson announced the news to staff Thursday morning,

The American news channel CNN wants to launch its own streaming service – The channel has already flopped once with this.