Read this: Ofcom: ITV subsidising channels licensees by as much as 15m a year | Media | guardian.co.uk
Summary: Analysts at Liberum today noted that if the way costs are calculated are overhauled in ITV's favour it could prompt mergers and consolidation among the holders of the Channel 3 licences. It is thought that Ofcom's analysis identified a disproportionate payment of about 15m per year. However analysts at Liberum reckon that ITV could benefit by as much as 25m per year in overall savings if there was a restructure. - guardian.co.ukwww.guardian.co.ukOfcom: ITV subsidising channels licensee…
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