Independent Television News has appealed to the government to postpone the enforcement of any ownership changes following the ITV mergers.
No single shareholder is allowed to own more than 20% of ITN; however, the Carlton takeover of Central and the Granada takeover of LWT mean that Carlton and Granada each own 36% of ITN. The other shareholders are Reuters, with 18% and Scottish and Anglia both with 5%.
The ITC has written to ITN and its shareholders reminding them of the 20% rule and requesting that the issue be resolved this year. ITN has requested that changes to ownership should come at the same time as changes to cross-media ownership rules.
ITC: 071 255 3000
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