ITV offered licence fee cuts

Broadcaster ITV was today offered deep cuts in its licence fee to help it cope with the challenge of the digital age.

ITV offered licence fee cuts
Wed, 29 Jun, 2005 - 10:11

Broadcaster ITV was today offered deep cuts in its licence fee to help it cope with the challenge of the digital age.

UK communications industry regulator Ofcom is proposing to slash the cost of ITV’s dozen licences, including GMTV, to less than £80m (€120.6m) this year – down from the £215m (€324m) paid in 2004.

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