Following the announcement this afternoon confirming that ITV Digital’s administrator intends to undertake a short term sale process for its business assets, the ITC has issued the following statement:
“The ITC regrets that the Administrator is unable to secure funding for an orderly takeover of the ITV Digital business. We have informed him that at the point at which pay services cease to be broadcast and the business no longer fulfils the terms of its licences we will put in train arrangements to revoke the licences and proceed to an accelerated re-tender. We expect re-tender to take six weeks.
The ITC is liasing with the Government and the broadcasters to ensure the continued availability to viewers of the digital terrestrial free-to-air public services throughout these processes. We have asked the Administrator to make sure that information about service availability is provided to viewers on the screen.”
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