Results 1 to 2 of 2

Thread: ITV sues STV over network payments

  1. #1
    VIP Member supervisor91's Avatar
    Join Date
    06-12-2008
    Location
    Everywhere
    Posts
    2,877
    Uploads
    4

    ITV sues STV over network payments

    ITV sues STV over network payments


    Tuesday, September 22 2009,




    ITV has today launched legal action against Channel 3 licence holder STV to recover 38 million of what it claims are unpaid network budget contributions.

    According to ITV, STV has failed to honour its "contractual contributions" towards the overall Network Programme Budget, thus leaving an extensive unpaid debt. ITV also indicated that it has been trying to resolve the situation for over a year.

    As an ITV licence holder in central and north Scotland, STV can select whichever programming it wants from the ITV network.

    However, it has recently shunned a series of high-profile ITV drama on its peak-time schedule in order to prioritise more Scotland-focused programming.

    It also recently revealed plans to stop broadcasting the ITV1 standalone 6.30pm national news bulletin in favour of a news programme offering a "Scottish perspective" on national and worldwide stories.

    "STV is attempting retrospectively to opt out of an increasing number of peak-time programmes which contravenes existing agreements," said ITV in an official statement.

    "The company is also wrongly attempting to claim a rebate against programmes which have been "written off". We are currently withholding monies from STV against this debt and currently believe the net debt is approximately 15 million to 20 million.

    "We have been attempting to resolve this matter for more than a year but unfortunately our efforts have been unsuccessful. Given that we are a commercial organisation, with responsibilities to our shareholders, we are left with no option but to take legal action to recover this sizeable debt."

  2. #2
    VIP Member supervisor91's Avatar
    Join Date
    06-12-2008
    Location
    Everywhere
    Posts
    2,877
    Uploads
    4

    Re: ITV sues STV over network payments

    ITV sues STV for network payments



    ITV has launched legal proceedings against Scottish commercial broadcaster STV in a bid to recover what it claims is up to 38 million (E42m) in unpaid network programme budget contributions.

    STV, which owns the ITV1 licences for central and north Scotland, has increasingly opted out of a raft of ITV-produced network programmes in a bid to save money and boost homegrown commissions.

    ITV, which said it had been attempting to resolve the situation for more than a year, has already begun to withhold other payments to STV, meaning the outstanding net debt now stood at between 15 million and 20 million.

Similar Threads

  1. Replies: 0
    Last Post: 10-12-2009, 18:46:35
  2. New Gutkowski Sues Steinbrenner Over Formation Of YES Network
    By Sat-Net in forum Daily Satellite TV News
    Replies: 0
    Last Post: 30-08-2009, 04:48:09
  3. Update Setanta under threat after late payments
    By <<ELVIS>> in forum Daily Satellite TV News
    Replies: 0
    Last Post: 09-05-2009, 10:16:22
  4. Setanta under threat after late payments
    By sofien72tu in forum Daily Satellite TV News
    Replies: 0
    Last Post: 08-05-2009, 15:38:38
  5. Update SBS seeking HD payments from cable
    By <<ELVIS>> in forum Daily Satellite TV News
    Replies: 0
    Last Post: 13-01-2009, 10:54:19

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •