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Read this: BDO: ITV needs new blood to prosper - Digital Spy

Summary: The commercial public service broadcaster today published its financial results for the first half of 2009, which revealed that it incurred a 105 million pre-tax loss for the period, with total revenues falling by 12 to 909m. As part of efforts to cut its costs by 155m by the end of the year, ITV has confirmed the sale of its social networking website Friends Reunited to Brightsolid for a total cash consideration of 25m, representing a substantial loss on the sum it paid for the site in 2005. - digitalspy.co.uk

Read full article: www.digitalspy.co.uk link icon  BDO: ITV needs new blood to prosper - Di…



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