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Read this: Ofcom - Determination of financial terms for the Channel 3 and Channel 5 licences

Summary: Published 110214 Introduction The Channel 3 and Channel 5 licences are due to expire on 31 December 2014. Each of the current licence holders has applied for a renewal of their licences. Ofcom has decided to renew the Channel 3 and Channel 5 licences. - link

Ofcom - Determination of financial terms…

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