More funding needed for ITV regional news, warns Ofcom
Wednesday 23 September 2009
ITV's regional news services could be losing as much as £64m a year by 2012 as competition from digital rivals renders current business models unsustainable, the media watchdog said yesterday.
Ofcom came out in support of plans for independent consortiums to provide the content. And although the response to a government consultation refused to back the controversial plan to fund the consortiums through a chunk of the BBC licence fee, Ofcom does say that money will need to be found from somewhere.
"The costs of the Channel 3 licences to provide ITV television programmes across the UK will outweigh the benefits by 2012," the Ofcom analysis says. "New funding will be required if regional news on Channel 3 is to be maintained."
The private consortiums which could be asked to bid for regional news contracts could include television producers, broadcasting companies or newspaper groups. At this stage there is no shortage of media companies looking at the plan. Pilot schemes are scheduled to go ahead next year.
The proposal was published in the Government's Digital Britain report in June, with the suggestion that funding of up to £130m a year be "top-sliced" from the licence fee. An annual pot of £130m has been ringfenced from the licence fee for a number of years already, to help pay for digital switchover. But the BBC is vehemently opposed to the plan to keep the same amount aside to pay for ITV's local news programming.
- 1 Porn block in India: hundreds of sexual websites banned, internet outraged
- 2 Malaysia issues arrest warrant for Gordon Brown’s sister-in-law after she publishes stories on leader Najib Razak's financial affairs
- 3 Gamers confess the worst things they've done in The Sims
- 4 Sex with robots will be ‘the norm’ in 50 years
- 5 Barack Obama turns 54: US President's best put downs to celebrate his birthday
Jackie Chan climbs to second place in Forbes' Highest Paid Actors list after magazine includes actors working outside US movie industry
Malaysia issues arrest warrant for Gordon Brown’s sister-in-law after she publishes stories on leader Najib Razak's financial affairs
Gwen Stefani and Gavin Rossdale divorce: One of music industry’s most enduring couples announce split after 12 years of marriage
Giant Minion terrorises drivers in Ireland as 40ft inflatable blocks traffic on Dublin road
Dutch King Willem-Alexander declares the end of the welfare state
Is Britain really full up? Are migrants taking our jobs? Leading academic answers the most common anti-immigration claims
Calais Migrant Crisis: Deputy Mayor of Calais labels Cameron's use of 'swarm' as 'racist' and 'ignorant'
Chris Leslie: Jeremy Corbyn's anti-austerity agenda will harm the poor, says Labour shadow Chancellor
Landlords renting properties to illegal immigrants to face up to five years in prison
While we fixate on Calais, the Home Office is quietly deporting dozens of migrants on 'ghost flights'
Labour leadership race: Jeremy Corbyn could be the next Prime Minister, says Ken Clarke
iJobs Money & Business
£35 - £50k DOE: Guru Careers: A Tax Manager / Accountant (ACA / CA / CTA) is n...
£35000 - £37000 per annum + benefits: Ashdown Group: Contracts Executive - Cit...
£20000 - £25000 per annum + OTE £45K: SThree: SThree Group have been well esta...
£21000 per annum: Recruitment Genius: This is an exciting opportunity to join ...