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Read this: ITV returns to annual profit with 25 million surplus -TV Radio, Media - The Independent

Summary: Broadcaster ITV today said it returned to annual profit with a 25 million surplus after plunging into the red by 2.7 billion in 2008. ITV confirmed Mr Crozier will be paid a basic salary below the 800,000 offered to his predecessor Michael Grade, but it is thought he will be offered a generous incentive package to hit targets over a five-year revival plan. ITV has a new management line-up to take the group forward led by a new chairman, former Asda boss Archie Norman, who started in January. -

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