View from City Road: Danger of a media monopoly
Friday 25 June 1993
That may be so but, as the biggest revenue earner in weektime, Michael Green's firm has an effective primus inter pares position among its peers.
Carlton is also the driving force in ITN, the company that produces News at Ten. True, three other licensees have an equal stake in ITN, but Mr Green led the rescue deal earlier this year and chairs the board. This is not necessarily a conflict of interest, but it could be said that Carlton is both baking its cake and eating it.
Nor does it stop there. Carlton is banging loudly on the door of the Heritage Ministry for the right to take over any of the other licensees from next January.
Should Peter Brooke give the green light, ITV may end up with just three super licensees - including Carlton, of course - running the entire network by 2000.
Competition - from European media groups, from a rejuvenated Channel 4 and from a money-driven BBC - is driving these changes. In many ways, they are the logical sequel of the auction process.
But the guardians at the Independent Television Commission and the Heritage Ministry need to be careful that the country's biggest commercial network is not made into, in effect, a media monopoly.
- 1 All Blacks Aaron Cruden misses New Zealand flight after drinking session, has brilliant excuse
- 2 Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
- 3 'F*ck it, I quit': TV reporter Charlo Greene quits live on air in spectacular fashion
- 4 Alicia Keys leaks nude photo 'to create a kinder and more peaceful world'
- 5 Clothes store Joy angers mental health campaigners with Twitter exchange on bipolar disorders
Scotland could still declare independence – even without referendum, says Alex Salmond
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
Archbishop of Canterbury admits doubts about existence of God
iJobs Money & Business
£20000 - £25000 per annum + OTE £40,000: SThree: SThree are a global FTSE 250 ...
£20000 - £25000 per annum + OTE £40000: SThree: As a Recruitment Consultant, y...
£20000 - £25000 per annum + OTE £40,000: SThree: SThree Group have been well e...
Up to £80000: Saxton Leigh: My client, a large commodities broker, is looking ...