Jun 28th 2004
By: Luke
By: Luke
Ofcom May Cut ITV Licence Fees
The Times reports:
ITV�s licence fees could be cut by more than 40% under proposals to be published this week by Ofcom, the media regulator.
Ofcom will set out how it intends to value the licences over the next decade. Earlier this year the regulator rejigged the licensing timetable so ITV can rebid for all 16 regional franchises from December 31.
ITV pays about �200m a year to the government in licence fees, and estimates that it contributes another �250m in kind through the public-service broadcasting quotas included in the franchise terms.
Activity