Read this: Ofcom raises maximum ITV fine |Media |guardian.co.uk
Summary: Ofcom, the communications regulator, has toughened the financial penalties it can impose on ITV, following a review that concluded that the fines levied over TV phone-in deceptions were not hefty enough. However, because the ITV network is made up of 15 separate regional franchises with individual Ofcom licences, the regulator has only previously been able to fine up to 5 of the revenues of the individual licensee responsible for legal compliance with its broadcast code. In effect, Ofcom is updating the element of regulatory regime relating to fines to take account of the consolidation in the ITV network of companies over the past 15 years. - guardian.co.uk
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