The ITC announced this morning that Channel 4 will pay £87.1m to the Independent Television Commission which will then distribute it to the ITV companies.
The ITC has determined that for 1996 total terrestrial qualifying revenue was £2,256.7m with C4’s coming in at £490.3m. Because this exceeds 14% of the total revenue figure, 50% of the surplus must be given to the ITV companies.
ITV Franchise
Licensee Share %
Amount of Surplus
Carlton
14.78
12,876,152
LWT
10.93
9,522,081
Central
14.81
12,902,288
Granada
10.68
9,304,283
Yorkshire
7.92
6,899,805
Meridian
10.98
9,565,639
HTV
6.68
5,819,533
Scottish
5.49
4,782,820
Anglia
6.62
5,767,262
Tyne Tees
2.99
2,604,851
Westcountry
1.84
1,602,986
Ulster
0.2
174,237
Grampian
0.13
113,255
Border
0.06
52,271
Channel
0.04
34,848
GMTV
5.85
5,096,447
Channel 3
5.85
87,118,758
ITC: 0171 255 3000
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