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Read this: More funding needed for ITV regional news, warns Ofcom - Business News, Business - The Independ

Summary: ITV's regional news services could be losing as much as 64m a year by 2012 as competition from digital rivals renders current business models unsustainable, the media watchdog said yesterday. Ofcom came out in support of plans for independent consortiums to provide the content. Pilot schemes are scheduled to go ahead next year. - link

More funding needed for ITV regional new…

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