STV and UTV, the two UK regional franchise holders of ITV licences, have told Ofcom, the British broadcast regulator, that they wanted nothing to do with a single nationwide licence for Channel 3 in the UK.

The idea was floated by Michael Grade, executive chairman of ITV, in recent remarks at a Royal Television Society. Rob Woodward, chief executive of STV, which owns the Scottish and Grampian franchises, told the Financial Times: "The idea of a single ITV at a time of Scottish devolution seems to run completely counter to both political and social trends in this country."

Other posts by :

1. Bank: “Charter racing to the bottom”
2. SpaceX IPO in June?
3. Russia postpones Starlink rival
4. Why don’t lawmakers like Netflix?
5. Viasat taps Ex-Im Bank to finance satellite
6. Bank: TeraWave not a direct threat to AST SpaceMobile
7. SpaceX lines up banks for IPO
8. SES to FCC: “Don’t auction more than 160 MHz of C-band”
9. Morgan Stanley downgrades Iridium

Categories: Articles