Daily Mail & General Trust (DMGT) has been fined £225,000 (E267,000) by media regulator Ofcom for closing the Teletext TV service. DMGT, which announced last July that it would shut Teletext’s TV service after 17 years, has been fined for breaking its public service broadcasting licence by shutting the service in December.

The company closed the service, which had operating losses in the year to October 2009 of £4 million, 33 per cent more than the year before, despite its licence running until 2014.

Other posts by :

1. Markets braced for SpaceX IPO
2. Eutelsat shares crash despite good news
3. Analyst: Years of subs growth ahead for Starlink
4. SES CEO: “Multi-orbit is now key”
5. More details emerge on SpaceX IPO
6. Viasat confident despite SpaceX threats
7. Blue Origin launch pad destroyed
8. AST SpaceMobile’s story “more than hype”
9. Musk to merge Tesla with SpaceX?

Categories: Articles, Regulation