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In September last year Ofcom forecast in its public service broadcasting consultation document that the cost to STV of meeting its PSB obligations, including making local news bulletins for its Scottish audience and the annual fee it pays to Ofcom for the licence to broadcast on ITV1, would outweigh the financial benefits by 2009-2010.
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Ofcom, which today published its second review of public service broadcasting, has launched a consultation on proposals that would see ITV cut some daytime news bulletins, to preserve peak time news, and rationalise news bulletins in the England ad Scottish Borders region from 17 programmes to nine.
For the media hacks who gathered at Ofcom's riverside headquarters in London this morning, there was an overwhelming sense of Groundhog Day – here we go again, with another presentation on public service broadcasting and another consultation.
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The health campaign group, which was trying to force the broadcasting regulator to include a pre-watershed ban in its consultation on restricting marketing of unhealthy products to children, says Ofcom has changed its position and agreed to accept representations on a ban.
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Fox has already tabled a range of measures, or "firewall" remedies, to broadcasting regulator Ofcom which the CMA is now using as the basis of further consultation.
Inviting submissions for a final consultation, Ofcom said it planned to publish final proposals on revising the broadcasting code to allow TV and radio product placement by the end of the year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com