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ITV Digital Could Be Closed By Monday

ITV Digital Could Be Closed By Monday

According to reports in this morning’s press, ITV Digital may be closed as soon as next Monday unless Carlton and Granada pledge more money to keep the service afloat.

Figures released to the Football League by the High Court, as part of their attempt to recover rights money owed by ITV Digital, supposedly reveal that the two owners have pledged just £20 million – enough to keep the service running until 15th April.

Additionally, a report in the FT this morning claims that Stephen Grabiner, founding chief executive of ONdigital – now with venture capitalists Apax Partners – is considering a bid for the company’s broadcasting licence if ITV Digital goes into receivership next week.

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