RD
It's a pretty crazy suggestion. If the IBA had a problem with a takeover (and *any* takeover or significant share purchase would have been subject to their approval) that would likely sink the purchase, even if the company being taken over was some huge outfit like Granada (even though they had massive interests outside of television).
If for some reason MTM were determined to own whatever else TVS had, then I suggest TVS would have split off the bits they could buy in to a separate entity. It's very hard to foresee a profitable franchisee in the massively profitable effective duopoly years willingly giving up their franchise so they can hold on to both their troublesome owners and Motormouth.
MTM would have been a disqualified person from being a television programme contractor under s20(6)(a) of the Broadcasting Act 1981 as a non-EEC company, and the IBA would have had no choice but to require the sale of the TVS Television company or terminate the contract.
rdd
Founding member
What if the TVS/MTM situation had been the other way around, and MTM tried to buy TVS? Would that have required not only ITC/IBA approval, but perhaps also a reletting of the franchise?
It's a pretty crazy suggestion. If the IBA had a problem with a takeover (and *any* takeover or significant share purchase would have been subject to their approval) that would likely sink the purchase, even if the company being taken over was some huge outfit like Granada (even though they had massive interests outside of television).
If for some reason MTM were determined to own whatever else TVS had, then I suggest TVS would have split off the bits they could buy in to a separate entity. It's very hard to foresee a profitable franchisee in the massively profitable effective duopoly years willingly giving up their franchise so they can hold on to both their troublesome owners and Motormouth.
MTM would have been a disqualified person from being a television programme contractor under s20(6)(a) of the Broadcasting Act 1981 as a non-EEC company, and the IBA would have had no choice but to require the sale of the TVS Television company or terminate the contract.