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BBC Changes and ITV Profits (Unrelated)

  • 03-03-2010 1:48pm
    #1
    Elmo
    Registered Users, Registered Users 2 Posts: 23,641 ✭✭✭✭


    ITV have announced a profit of 25million in comparison to losses of 2.6billion in 2008.

    The also say they are looking to reduce their dependence on Free To Air (FTA) TV.
    "ITV's challenge is to reduce its dependence on a free-to-air model threatened by digital media and besieged by legacy regulation," said Mr Norman.
    Revenue at ITV was €1.88billion and its audience share is at 28.2%.

    http://news.bbc.co.uk/2/hi/business/8546736.stm

    While over at the Beeb

    The BBC is voluntarily reducing some of its services. BBC 6 Music is to be axed to allow commercial competitors compete with just 2 popular music service from the BBC.

    Again to allow media rivals build up their content they are reducing their internet site www.bbc.co.uk by 50%

    However commerical rivals would like to see BBC Radio 1, 2, BBC TV 3 and 4 axed rather than BBC Asia and BBC 6 music.

    http://news.bbc.co.uk/2/hi/entertainment/8546420.stm


Comments

  • #2
    Elmo
    Registered Users, Registered Users 2 Posts: 23,641 ✭✭✭✭Elmo


    http://www.guardian.co.uk/media/2010/mar/03/bbc-cuts-itv-archie-norman

    Norman, who has in the past said that a move to pay-TV services was not on the cards, said that a working up of plans to look at a potential pay-TV channel launch was "not a change of tune" but that ITV currently "had no suitable product for a pay platform".

    "Pay wall, pay-TV, subscriptions... would it be a good idea in the future for some of our income to come from there? It may be – it is a more stable platform [for revenues]," he said. "[But] we have no product suitable for a pay platform right now. Speculation we might take ITV2, 3 or 4 onto a pay-TV platform is not realistic. Were we to develop a proposition in the pay [TV] market we would need a very different product than we have at this time. Is there in principle a case for looking at it [a channel] out of content and programming we have? Absolutely."

    Norman also once again dismissed any notion that ITV would look at selling off its programme-making operation, despite reports that some shareholders would like to see that happen.

    "I see production as a major part of our future," he said. "if I had one pound to invest [in ITV], and you asked me where I would invest it, I would invest it in content". He said that given the restrictions on the rights that ITV can exploit in deals to buy programming from other broadcasters and production companies, ITV had "every incentive" to develop own content business.


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