City File: Scottish TV reeling with rumours
Sunday 25 July 1993
STV denies any moves are afoot, but critics say that despite winning back its franchise for the minimal payment of pounds 2,000 a year, the company is underperforming. Advertising has been hit by a concerted attack from Channel 4 and is down from 5.8 per cent of the network total to 5.2 per cent.
Also, one of STV's few network shows, Take The High Road, has been dropped from the national schedules. The shares, down 2p at 517p, are set to take the low road.
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