Statement on OFT Announcement

RNS Number : 8683X

ITV PLC

30 June 2008

 



Monday, 30th June 2008

ITV plc statement on OFT announcement

ITV plc notes the announcement by the Office of Fair Trading that the anticipated joint venture between ITV, BBC Worldwide Limited and Channel Four Television Corporation (known as 'Project Kangaroo') has been referred to the Competition Commission.

ITV intends to co-operate fully with the Competition Commission in order to minimise any delay in launching a service which ITV is confident will provide real value to UK online users and advertisers.  However the reference process is likely to take several months and the service is therefore unlikely to launch on the previously anticipated timetable.

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For further enquiries please contact: 

ITV plc 

Tel: [phone] 

Press enquiries 

Ruth Settle - Director of Corporate Communications 

Sophy Silver - Head of Press, Consumer

Investor enquiries 

Christy Swords - Director of Investor Relations 

Pippa Strong - Head of Investor Relations 

James Tibbitts - Company Secretary 

Tulchan Communications 

Tel: [phone] 

Andrew Grant 

Susannah Voyle 

Lizzie Morgan 

Website: www.itv.com; investor information: www.itvplc.com 

 

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