FA
According to this media guardian.
Basically in an interview taken from the new book by veteren ITN journalist Robert Lindley, Charles Allen has said what his plans are for the ITV News Contract currently with ITN....
'Basically we - ITV plc - currently own 40 per cent of ITN. Either, in the remaining years of the contract, I will be able to buy the other 60 per cent and then will own the company in its entirety or, at the end of the licence, we will not contract our news with ITN. We will undertake to produce our own news in-house.'
In House service? The way I see it is that from a financial point of view (and that's all ITV seem to be talking from nowadays), it would surely be easier to buy ITN outright over the next 3 years, perhaps buying 20% a year, so that they would already have everything set up for them, rather than having to create something new of their own!
The way I see it is, if they bought another 20% share then I'd say it was safe to say that they will buy the rest over the next few years, or alternatively they could start selling shares!
Basically in an interview taken from the new book by veteren ITN journalist Robert Lindley, Charles Allen has said what his plans are for the ITV News Contract currently with ITN....
'Basically we - ITV plc - currently own 40 per cent of ITN. Either, in the remaining years of the contract, I will be able to buy the other 60 per cent and then will own the company in its entirety or, at the end of the licence, we will not contract our news with ITN. We will undertake to produce our own news in-house.'
In House service? The way I see it is that from a financial point of view (and that's all ITV seem to be talking from nowadays), it would surely be easier to buy ITN outright over the next 3 years, perhaps buying 20% a year, so that they would already have everything set up for them, rather than having to create something new of their own!
The way I see it is, if they bought another 20% share then I'd say it was safe to say that they will buy the rest over the next few years, or alternatively they could start selling shares!