SMG PLC
10 May 2004
Agreement Reached on Use of ITV Brand and SMG Digital Spectrum
The Board of SMG plc ('SMG') announces that it has reached agreement with ITV
plc on the use of the ITV brand name and the use by ITV plc of SMG's digital
spectrum in Scotland.
The agreement ensures ITV plc's rights to use the ITV name for the ITV plc
corporate identity it adopted at the time of the merger of Granada plc and
Carlton Communications plc.
As part of this agreement, SMG has also extended its permission for ITV plc to
use some of the digital spectrum of Scottish TV and Grampian TV to transmit its
own services. ITV plc currently uses this spectrum to broadcast its wholly-owned
digital channels, ITV2 and ITV News.
Furthermore, agreement has been reached on a number of other issues including:
the cross-promotion of ITV2 and ITV News on the Scottish TV and Grampian TV
franchises; programming arrangements for ITV branded channels; and the
outsourcing of certain administration functions of the ITV Network Centre to ITV
plc. Financial details of this agreement are confidential, due to their
commercial sensitivity.
Commenting on this agreement, Andrew Flanagan, Chief Executive of SMG, said:
'The ITV name has significant value to all ITV franchise-holders and is
synonymous with high quality British television. I'm pleased that we have
reached this agreement with ITV plc which clarifies the use of the ITV brand by
Scottish TV, Grampian TV and ITV plc.'
10 May, 2004
Further enquiries:
SMG
Callum Spreng 0141 300 3640
Corporate Affairs Director
Brunswick
James Hogan 020 7404 5959
Ben Brewerton
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.