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ITV Itv Plc

78.80
0.50 (0.64%)
16 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Itv Plc LSE:ITV London Ordinary Share GB0033986497 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.64% 78.80 78.45 78.50 79.15 77.90 78.70 4,191,764 16:35:02
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Television Broadcast Station 3.62B 210M 0.0518 15.14 3.18B

ITV PLC ITV Renewal of PSB Licences

20/03/2024 10:00am

RNS Regulatory News


RNS Number : 4958H
ITV PLC
20 March 2024
 

20 March 2024

 

 

ITV today confirms that it has accepted Ofcom's offer to renew all of ITV's PSB licences for a full ten year term until the end of 2034.  The Channel 3 licences cover all of ITV1's output including ITV's 13 nations and regions news franchises and the Channel 3 breakfast licence.

 

ITV's CEO, Carolyn McCall commented on the news:

 

"This provides us with the certainty we require to continue to invest for the long term in our broadcast and streaming businesses and in a wide range of high quality UK produced content at the heart of national life as a PSB.


"From our award winning national and regional news to our Daytime, entertainment, sports and reality shows our content both reflects culture and society and changes it for good and along with dramas like Mr Bates versus The Post Office highlights the enduring power and value of ITV and the PSBs.

 

"We look forward to working closely with Ofcom in the coming years to ensure that the PSB system as a whole - and ITV's Channel 3 services as critical components within that system - can flourish in a world where competition for viewing and advertising is intense.

 

"Crucial to this is the passing of the Media Bill by Parliament and its robust implementation by Ofcom. This new regime - and in particular the provisions around prominence, inclusion and dispute resolution - will determine whether PSB as a system is able to survive and thrive in a world of global online platforms and streamers."

 

 

Notes to editors

 

1.    The licences are C3 breakfast licence (broadcast as Good Morning Britain) plus the regional licences for UTV, Border, Tyne Tees, Yorkshire, Granada, Wales, Meridian, Channel, London, London Weekend, Meridian, Anglia Central and West Country.

 

For further enquiries please contact:

 

Investor Relations

Pippa Foulds               +44 7778 031097

Faye Dipnarine           +44 20 7157 6581

 

Media Relations

Paul Moore                  +44 7860 794444

 

 

 

 LEI for ITV plc - ZLECI7ED2QMWFGYCXZ59

 

 

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