:-(
A former member
They're not football teams, Chie! Have you actually looked into the case and the merits of ITV arguments?
Yes, STV owes ITV money and they need it now. ITV is not a charity.
ITV wouldn't launch a £38 million lawsuit at the moment if they weren't 99% sure their case is watertight.
Hopefully STV will see sense and arrange an out of court settlement.
No chance, because OFCOM has clearly stated stv has done nothing wrong dumping ITV programmes. also
Quote:
. Since early 2008, ITV has prevented STV's independent auditor, Deloitte, from carrying out a full review of all revenue related contracts which STV has the right to do. However, on the 5% of revenues which Deloitte has been able to review, a potential shortfall of approximately £2 million (covering only 30 months of a six year period) was identified. STV will be pursuing this and further claims.
http://www.broadcastnow.co.uk/news/broadcasters/stv-fights-back-over-itv-debts/5005958.article
what is ITV hiding? I think there throwing the toys out there pram, ITV are going to lose here, you can see it a mile away. its also ITV fault for spending the money there know there would never get, and if there never bother there backside to ask STV in the first place then again its there fault!