ITV launches legal action against STV to claim £38m
By Ian Darby, campaignlive.co.uk, Tuesday, 22 September 2009 01:05PM
LONDON - ITV has started legal proceedings against STV, which holds the ITV1 licenses in Scotland, in a bid to claim £38 million.
It claims that it is owed the money as a result of STV "not honouring its contractual contributions towards the network programme budget".
ITV said that STV is attempting to opt out of peaktime programmes and claim rebates against these programmes that have been written off.
Earlier this week STV announced that it plans to opt out of broadcasting ITV’s daily 6.30pm network news programmes, replacing it with dedicated news coverage from Scotland.
ITV claimed that the net debt owed by STV is between £15 million and £20 million but that the money had been owing for more than a year.
This article was first published on campaignlive.co.uk
- General Manager - Integrated Advertising Agency - Dubai MCG Associates Tax Free Competitive Package, Dubai, UAE
- MIDWEIGHT DESIGNER - award winning global agency! Live Recruitment £30000 - £35000 per annum, City of London
- Senior Insight Manager, Clientside Hasson Associates £50,000 - £55,000, Central London
- Senior Account Manager - Integrated Spectrum 360 Recruitment £30k - £40k, London, Soho
- Copywriter (fixed term contract) become £35-45, London
- ITV confirms major shake-up of Daybreak
- Man Utd teams with Google for pitch-side digital competition
- Campaign Viral Chart: Edeka's 'supergeil' ad leads viral hat-trick for German retailer
- Anti-slavery charity creates '12 Years a Slave' tactical ad after Oscar win
- EE launches viral homage Gold Spot campaign
- Cobra introduces bra-making brewer 'The Boss'