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ITV plc is a British media company that holds 13 of the 15 regional television licences that make up the
ITV network ITV is a British free-to-air public service broadcasting in the United Kingdom, public broadcast television network. It was launched in 1955 as Independent Television to provide competition to BBC Television (established in 1936). ITV is the ol ...
(Channel 3), the oldest and largest commercial terrestrial television network in the United Kingdom. ITV plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.


History


Pre-merger

ITV plc was the result of a merger between Granada and Carlton following the various mergers between the companies of the ITV network that had taken place from 1993 when the ownership rules were relaxed. The first wave of mergers began with
Yorkshire Television ITV Yorkshire, previously known as Yorkshire Television and commonly referred to as just YTV, is the British television service provided by ITV Broadcasting Limited for the Yorkshire franchise area on the ITV (TV network), ITV network. Until 19 ...
acquiring
Tyne Tees Television ITV Tyne Tees, previously known as Tyne Tees, Channel 3 North East and Tyne Tees Television, is the ITV television franchise for North East England and parts of North Yorkshire. Tyne Tees launched on 15 January 1959 from studios at a converte ...
in 1992, forming a parent group called
Yorkshire-Tyne Tees Television Yorkshire-Tyne Tees Television was a British broadcasting company, which is now part of ITV plc. History The company was created in June 1992 from the merger of the Independent Television broadcasters Yorkshire Television and Tyne Tees Television ...
Holdings.An Overview of Television in the UK
Ofcom, 2002
In 1994, Carlton Communications – which had owned a 20% stake in Central Independent Television – acquired the remainder of the company and, because of Central's shareholdings, inherited a 20% stake in Meridian Broadcasting. Later that year, Granada acquired
London Weekend Television London Weekend Television (LWT) (now part of the non-franchised ITV London region) was the ITV network franchise holder for Greater London and the Home Counties at weekends, broadcasting from Fridays at 5.15 pm (7:00 pm from 1968 un ...
through a hostile takeover worth in the region of £750 million. MAI, which controlled Meridian Broadcasting, acquired
Anglia Television ITV Anglia, previously known as Anglia Television, is the ITV franchise holder for the East of England. The station is based at Anglia House in Norwich, with regional news bureaux in Cambridge and Northampton. ITV Anglia is owned and operated b ...
; MAI became United News & Media after merging with United Newspapers – owners of ''The Daily Express'' in 1996. Ownership rules, that previously restricted ownership of ITV licences by one company to two outright, plus 20% in a third, were relaxed, and so Carlton went on to acquire Westcountry Television (later re-branding it Carlton, along with Central), Granada acquired Yorkshire-Tyne Tees Holdings (with the parent group becoming Granada Media, later simply Granada) and United acquired HTV. The idiosyncrasies and business model of the future ITV plc operation can be found in the way these new conglomerates operated their franchises. Carlton re-branded all of its stations with its own name, creating a single identity across the whole expanse of its territory. By contrast, Granada and United, while keeping the franchisees' names, centralised their continuity departments – Granada in
Leeds Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by popula ...
and United in
Southampton Southampton () is a port city in the ceremonial county of Hampshire in southern England. It is located approximately south-west of London and west of Portsmouth. The city forms part of the South Hampshire built-up area, which also covers Po ...
. All three, however, merged the network production operations of their franchises, creating Carlton Productions, Granada Content and United Productions. By the end of the 1990s, there were three dominating owners of the ITV franchises in England and Wales: Carlton Communications,
Granada plc Granada plc (previously called Granada Ltd, Granada Group plc, and Granada Media plc) was a British conglomerate best known as the parent from 1954 to 2004 of the Manchester-based Granada Television. The company merged with Carlton Communicatio ...
and
United News and Media UBM plc was a British business-to-business (B2B) events organiser headquartered in London, England, before its acquisition by Informa in 2018. It had a long history as a multinational media company. Its main focus was on B2B events, but its pr ...
. In 2000, after an aborted merger attempt with Carlton, UNM decided to leave ITV and Granada bought all the UNM franchises, but sold HTV to Carlton in order to comply with the permitted audience percentage covered by a single broadcasting interest. It kept the production arm of HTV, however, renaming it Granada Bristol and moving it out of Bath Road to a new, smaller office in Whiteladies Road (near the
BBC #REDIRECT BBC #REDIRECT BBC Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board exam. ...
...
). This arm of the company closed in 2006, following later rationalisation of ITV's production operations. The last remaining independent ITV franchise in
England and Wales England and Wales () is one of the three legal jurisdictions of the United Kingdom. It covers the constituent countries England and Wales and was formed by the Laws in Wales Acts 1535 and 1542. The substantive law of the jurisdiction is Eng ...
,
Border Television ITV Border, previously Border Television and commonly referred to as simply Border, is the ITV (TV network), Channel 3 service provided by ITV (TV channel), ITV Broadcasting Limited for the Anglo-Scottish border, England/Scotland border region, ...
, had been bought by Capital Group in 2000, and was sold on to Granada in 2001, with Border's radio assets being retained by Capital Radio plc.


The merger

In 2004, Granada and Carlton merged to become ITV plc, creating a single company for all ITV franchises in England and Wales. One of the consequences of the merger was (according to the company) an over-capacity of studio facilities and production units around the country, which had previously been rivals, but were now all part of the same group. In order to make cost savings, several large regional headquarters, studio sites and programme departments closed and merged. Among the casualties were network production and studio facilities of Tyne Tees in
Newcastle upon Tyne Newcastle upon Tyne ( RP: , ), or simply Newcastle, is a city and metropolitan borough in Tyne and Wear, England. The city is located on the River Tyne's northern bank and forms the largest part of the Tyneside built-up area. Newcastle is ...
, Meridian in Southampton, Central in
Nottingham Nottingham ( , locally ) is a city and unitary authority area in Nottinghamshire, East Midlands, England. It is located north-west of London, south-east of Sheffield and north-east of Birmingham. Nottingham has links to the legend of Robi ...
and Anglia in Norwich. In all cases, ITV moved the regional franchisee to a new location complete with hi-tech facilities for news production, but with a minimal number of (physically smaller) studios and the loss of many jobs. Tyne Tees' factual department merged with Yorkshire's in
Leeds Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by popula ...
(which has since closed and re-emerged as Shiver Productions); Meridian's factual and sport production moved to London; all network production in
Nottingham Nottingham ( , locally ) is a city and unitary authority area in Nottinghamshire, East Midlands, England. It is located north-west of London, south-east of Sheffield and north-east of Birmingham. Nottingham has links to the legend of Robi ...
was re-allocated to London,
Manchester Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The t ...
or
Leeds Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by popula ...
(and the local '' Central News'' studio moved to
Birmingham Birmingham ( ) is a City status in the United Kingdom, city and metropolitan borough in the metropolitan county of West Midlands (county), West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1. ...
), and Anglia Factual, reduced to a satellite operation of
ITV Studios ITV Studios is a British multinational television production and distribution company owned by the British television broadcaster ITV plc. It handles production and distribution of programmes broadcast on the ITV network and third-party broadca ...
and primarily producing output for the international market or occasionally third parties in the UK, was eventually closed in January 2012.


Post-merger

Prior to the merger, and despite being rivals within ITV, Granada and Carlton had already been involved in several joint ventures, including the digital terrestrial television operator
ITV Digital ITV Digital was a British digital terrestrial television broadcaster which launched a pay-TV service on the world's first digital terrestrial television network. Its main shareholders were Carlton Communications plc and Granada plc, owners ...
that went bankrupt, and collapsed in 2002. They also owned the digital channel ITV2, which had launched in December 1998, and 65% of the (re-branded) ITV News Channel, previously owned by ITN and was originally launched as the ITN News Channel. As well as consolidating its (now 40%) shareholding in ITN itself, the newly merged company was able to buy the final 35% stake in the ITV News Channel from ITN's original partners
NTL NTL may refer to: Companies * NTL Incorporated and NTL Internet, later Virgin Media, communications media company ** NTL Ireland, later Virgin Media Ireland * Arqiva, UK company formerly ''NTL Broadcast'' and ''National Transcommunications L ...
in April 2004. In November the same year, and following a frantic last-minute deal with BSkyB to buy its half of the Granada Sky Broadcasting joint venture, they launched the digital channel ITV3, replacing Granada Plus which ITV plc closed down on satellite and cable. A year later they launched ITV4. However, due to multiplex issues (and the fact that it was losing money) the ITV News Channel controversially had its hours on Freeview reduced, and was finally closed down on 23 December 2005, with its Freeview space being taken over by replacements ITV4 and
CITV CITV (short for Children's ITV, also known as the CITV Channel) is a British free-to-air children's television channel owned by ITV plc. It broadcasts content from the CITV archive and acquisitions, every day from 6 am to 9 pm which ...
, which launched in November 2005 and March 2006, respectively. On 27 April 2005, ITV plc bought SDN, the
digital terrestrial Digital terrestrial television (DTTV or DTT, or DTTB with "broadcasting") is a technology for terrestrial television in which land-based (terrestrial) television stations broadcast television content by radio waves to televisions in consumers' ...
franchise holder of Multiplex A (now transmitting ten channels) from its shareholders, S4C and UBM for £134 million. In April 2006 the participation channel
ITV Play ITV Play was a short-lived 24/7 participation television channel in the United Kingdom owned by ITV plc. The ITV Play name continued as a strand on the main ITV Network until December 2007. It was launched as a standalone channel on Freeview ...
was launched. It was also an overnight block on ITV1. Following a series of scandals surrounding participation TV, the dedicated ITV Play channel was closed down in March 2007, followed by the late-night phone-in quiz shows on the ITV Network in December 2007, however the brand continued to be used for a time for part of the gaming section of itv.com. In August 2006 the company sold its 45% shareholding in
TV3 Ireland Virgin Media One, also called Virgin One, is an Irish free-to-air television channel owned by Virgin Media Ireland (part of Liberty Global), operated through its subsidiary Virgin Media Television. The channel was known until 30 August 20 ...
, which had been bought by Granada in 2001, to
Doughty Hanson & Co Doughty Hanson & Co is a British private equity fund manager focused on leveraged buyout and recapitalization transactions primarily of upper middle-market companies in Europe. The firm also invests opportunistically in European real estate and ...
.


Reorganisation

There were rumours of take-over and merger bids during 2006. For example, on 9 November 2006,
NTL NTL may refer to: Companies * NTL Incorporated and NTL Internet, later Virgin Media, communications media company ** NTL Ireland, later Virgin Media Ireland * Arqiva, UK company formerly ''NTL Broadcast'' and ''National Transcommunications L ...
announced that it had approached ITV plc about a proposed merger. The merger was effectively blocked by
British Sky Broadcasting Sky UK Limited is a British broadcaster and telecommunications company that provides television and broadband Internet services, fixed line and mobile telephone services to consumers and businesses in the United Kingdom. It is a subsidiary of ...
on 17 November 2006 when it bought a 17.9% stake in ITV plc for £940 million, a move that attracted anger from NTL shareholder Richard Branson and an investigation from media and telecoms regulator Ofcom. On 6 December 2006, NTL announced that it had complained to the Office of Fair Trading about BSkyB's move. NTL stated that it had withdrawn its attempt to buy ITV plc, citing that it did not believe that there was any possibility to make a deal on favourable terms. At the same time as the NTL bid, RTL, the then-owner of Channel 5, was also rumoured to be preparing a bid for ITV plc, with the possibility of a stock-swap with BSkyB; the plan would have seen RTL acquiring BSkyB's stake in ITV plc (with the aim of further acquisitions of shares in the future) in exchange for BSkyB taking full control of Channel 5. In the end, no movement was made on this possible deal and RTL sold Channel 5 to Richard Desmond's Northern & Shell Network in July 2010. The company then entered into a series of disposals of non-core activities: in March 2009 the company sold its investment in
Friends Reunited Friends Reunited was a portfolio of social networking websites based upon the themes of reunion with research, dating and job-hunting. The first and eponymous website was created by a husband-and-wife team in the classic back-bedroom Internet s ...
(a website dedicated to reunited former school friends or colleagues in a number of countries) which it had acquired in December 2005. Also in May 2009 the company sold Carlton Screen Advertising (the largest cinema advertising business in the
Republic of Ireland Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 Counties of Ireland, counties of the island of Ireland. The capital and largest city is Dublin, on the eastern ...
and
Northern Ireland Northern Ireland ( ga, Tuaisceart Éireann ; sco, label= Ulster-Scots, Norlin Airlann) is a part of the United Kingdom, situated in the north-east of the island of Ireland, that is variously described as a country, province or region. Nort ...
and now known as Wide Eye Media). In 2010, a large-scale business reorganisation, called the "five-year Transformation Plan" was launched. Thanks to stringent working capital management and cost management some of the set goals were already achieved in 2012. These include a ranking upgrade (from BB- to BB+), an increase in audience share and reduction of debt (from net debt of £730 million at the end of 2008, to a positive net cash position of £16 million at the end of the first quarter 2012). In December 2013 the company sold its remaining shareholding in
STV Group plc STV Group plc (formerly known as Scottish Television plc, Scottish Media Group plc and SMG plc) is a media company based in Glasgow, Scotland. Beginning as a television broadcaster in 1957, the company expanded into newspapers, advertising and r ...
(owner of the Scottish and
Grampian Grampian ( gd, Roinn a' Mhonaidh) was one of nine former local government regions of Scotland created in 1975 by the Local Government (Scotland) Act 1973 and abolished in 1996 by the Local Government etc. (Scotland) Act 1994. The region t ...
ITV franchises) which had been bought by Carlton in 1999. On 17 July 2014, BSkyB's 6.4% stake in ITV was sold to Liberty Global, valued at £481 million. On 19 August 2015, ITV purchased UTV for £100m ensuring that 13 out of the 15 licences (it does not hold the two in Scotland) were in its control. In July 2016 the company sold
UTV Ireland Virgin Media Three, also called Virgin Three, is an Republic of Ireland, Irish free-to-air television channel owned by Virgin Media Ireland, Virgin Media Television. The channel was first launched by Northern Irish broadcaster UTV Media on 1 ...
to Virgin Media. In August 2016, it was revealed that ITV had made an offer to acquire Canadian multinational film and television distributor Entertainment One for around £1 billion. On 10 August 2016, it was announced that eOne had rejected the offer, considering it to be "fundamentally undervalued". In 2017, it was announced that ITV plc had acquired a majority stake in British Production company
World Productions World Productions is a British television production company, founded on 20 March 1990 by acclaimed producer Tony Garnett, and owned by ITV plc following a takeover in 2017. History The company's first major series was the police drama '' Betwe ...
, behind the hit BBC series '' Line of Duty''. As a result of the deal, World Productions is now part of ITV Studios. In 2022, the company announced the arrival of ITVX, which it said would be Britain's first integrated advertising and subscription funded streaming platform, and would compliment its catch-up service, ITV Hub, and would include access to BritBox. On 1 June 2022, it was announced that it will be demoted from the FTSE 100, and became a constituent of the FTSE 250 Index on 20 June.


Operations


Organisation

ITV plc is divided into two divisions: * Media and entertainment, which operates the TV networks (including the ITV News Group, which runs the ITV regional licensees) *
ITV Studios ITV Studios is a British multinational television production and distribution company owned by the British television broadcaster ITV plc. It handles production and distribution of programmes broadcast on the ITV network and third-party broadca ...
, which comprises both UK and international production, ITV's facilities businesses and Global Entertainment which exploits programme rights.


Network licences

Through ITV Broadcasting Ltd, ITV plc holds 13 of a total 15
ITV network ITV is a British free-to-air public service broadcasting in the United Kingdom, public broadcast television network. It was launched in 1955 as Independent Television to provide competition to BBC Television (established in 1936). ITV is the ol ...
licences, with STV holding two ITV licences in Scotland. ITV plc holds all licences in England and Wales, and the single ones in both the Channel Islands and Northern Ireland: * Owned by
Granada plc Granada plc (previously called Granada Ltd, Granada Group plc, and Granada Media plc) was a British conglomerate best known as the parent from 1954 to 2004 of the Manchester-based Granada Television. The company merged with Carlton Communicatio ...
until 2004: ** North West England: Granada Television. Service now named ITV Granada. **
London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
(on weekends): London Weekend Television. Now part of the ITV London service. ** North East England: Tyne Tees Television. Service now named
ITV Tyne Tees ITV Tyne Tees, previously known as Tyne Tees, Channel 3 North East and Tyne Tees Television, is the ITV television franchise for North East England and parts of North Yorkshire. Tyne Tees launched on 15 January 1959 from studios at a converte ...
. ** East of England: Anglia Television. Service now named ITV Anglia. **
Yorkshire Yorkshire ( ; abbreviated Yorks), formally known as the County of York, is a historic county in northern England and by far the largest in the United Kingdom. Because of its large area in comparison with other English counties, functions have ...
, Lincolnshire and North
Norfolk Norfolk () is a ceremonial and non-metropolitan county in East Anglia in England. It borders Lincolnshire to the north-west, Cambridgeshire to the west and south-west, and Suffolk to the south. Its northern and eastern boundaries are the No ...
: Yorkshire Television. Service now named
ITV Yorkshire ITV Yorkshire, previously known as Yorkshire Television and commonly referred to as just YTV, is the British television service provided by ITV Broadcasting Limited for the Yorkshire franchise area on the ITV network. Until 1974, this was prima ...
. ** English-Scottish border and
Isle of Man ) , anthem = "O Land of Our Birth" , image = Isle of Man by Sentinel-2.jpg , image_map = Europe-Isle_of_Man.svg , mapsize = , map_alt = Location of the Isle of Man in Europe , map_caption = Location of the Isle of Man (green) in Europe ...
: Border Television. Service now named ITV Border (broadcasting for the Isle of Man was taken over by ITV Granada). ** South and
South East England South East England is one of the nine official regions of England at the first level of ITL for statistical purposes. It consists of the counties of Buckinghamshire, East Sussex, Hampshire, the Isle of Wight, Kent, Oxfordshire, Berkshi ...
: Meridian Broadcasting. Service now named ITV Meridian. * Owned by Carlton Communications plc until 2004: ** London (on weekdays): Carlton Television. Now part of the ITV London service. ** Midlands: Central Independent Television. Service now named
ITV Central ITV Central, previously known as Central Independent Television, Carlton Central, ITV1 for Central England and commonly referred to as simply Central, is the Independent Television franchisee for the Midlands. It was created following the rest ...
. **
South West England South West England, or the South West of England, is one of nine official regions of England. It consists of the counties of Bristol, Cornwall (including the Isles of Scilly), Dorset, Devon, Gloucestershire, Somerset and Wiltshire. Cities ...
: Westcountry Television. The service was renamed ITV Westcountry until 2009, before it was merged with ITV West to form the new non-franchise ITV West & Westcountry region (rebranded as
ITV West Country ITV West Country is the British television service provided by ITV Broadcasting Limited for the South West England franchise area on the ITV network. Previously, between 2009 and 2013, the area was a non-franchise region, branded with the sa ...
shortly after). This service became a licence in its own right from 1 January 2014 when it split from Wales and has an opt-out for the western sub-region (formerly the Westcountry region). **
West of England West of England is a combined authority area in South West England. It is made up of the Bristol, South Gloucestershire, and Bath and North East Somerset unitary authorities. The combined authority is led by the Mayor of the West of England Dan ...
and
Wales Wales ( cy, Cymru ) is a country that is part of the United Kingdom. It is bordered by England to the east, the Irish Sea to the north and west, the Celtic Sea to the south west and the Bristol Channel to the south. It had a population in ...
: HTV (Harlech Television). The franchise was renamed
ITV Wales & West ITV Wales and West, previously known as Harlech Television (HTV), was an ITV franchise area in the United Kingdom until 31 December 2013, licensed to a broadcaster by the regulator Ofcom. There is no channel, past or present, named "ITV Wales ...
, since it has traditionally held a "dual-region" licence for two areas, each one with its own service: ITV West (now the eastern sub-region of
ITV West Country ITV West Country is the British television service provided by ITV Broadcasting Limited for the South West England franchise area on the ITV network. Previously, between 2009 and 2013, the area was a non-franchise region, branded with the sa ...
) and
ITV Cymru Wales ITV Cymru Wales, previously known as Harlech Television and HTV Wales, is the ITV franchise for Wales. The new separate licence began on 1 January 2014, replacing the long-serving dual franchise region serving Wales and the West of England. L ...
. From 1 January 2014 the dual-region licence was split into two separate licences for Wales and South West England (combining the former West and Westcountry regions). * Owned by UTV Media plc until 2016: **
Northern Ireland Northern Ireland ( ga, Tuaisceart Éireann ; sco, label= Ulster-Scots, Norlin Airlann) is a part of the United Kingdom, situated in the north-east of the island of Ireland, that is variously described as a country, province or region. Nort ...
: UTV * Former independently owned: **
Channel Islands The Channel Islands ( nrf, Îles d'la Manche; french: îles Anglo-Normandes or ''îles de la Manche'') are an archipelago in the English Channel, off the French coast of Normandy. They include two Crown Dependencies: the Bailiwick of Jersey, ...
: Channel Television, service now named
ITV Channel Television ITV Channel Television, previously Channel Television, is a British television station which has served as the ITV contractor for the Channel Islands since 1962. It is based in Jersey and broadcasts regional programme for insertion into the ...
(since 2011). ITV plc is also the sole owner of the ITV national breakfast television franchise
ITV Breakfast ITV Breakfast Broadcasting Limited (previously known as GMTV Limited) is the national ITV breakfast television licensee, broadcasting in the United Kingdom. It became a wholly owned subsidiary of ITV plc in November 2009. The breakfast license ...
, formerly known as GMTV, which airs and produces '' Good Morning Britain'', and ''
Lorraine Lorraine , also , , ; Lorrain: ''Louréne''; Lorraine Franconian: ''Lottringe''; german: Lothringen ; lb, Loutrengen; nl, Lotharingen is a cultural and historical region in Northeastern France, now located in the administrative region of Gra ...
''.


Channels

ITV plc wholly owns all of its channels through
ITV Digital Channels ITV Digital Channels Limited (formerly known as Granada Sky Broadcasting) is a wholly owned subsidiary of British broadcaster ITV plc. It manages all of the company's television channels with the exception of ITV, which is part of the enti ...
apart from ITV1. ITV plc also operates Timeshift services and HD feeds for
ITV1 ITV1 (formerly known as ITV) is a British free-to-air public broadcast television channel owned and operated by the British media company ITV plc. It provides the Channel 3 public broadcast service across all of the United Kingdom except for t ...
, ITV2, ITV3, ITV4 and ITVBe.


Streaming

ITV launched its first on demand service as ITV Catch Up. It was rebranded ITV Player on 5 December 2008. On 23 November 2015, the app and website were rebranded as ITV Hub. A paid subscription service allows users to watch ad-free and download content. In November 2022, ITV announced a new streaming service to replace ITV Hub. It launched on 8 December 2022. ITVX will provide archive ITV shows, shows and films for which ITV plc owns the license, live events and original programming. In total, ITV says the service will have 10,000 hours of content. There will be a free ad-supported tier and a premium subscription which will be ad-free and allow access to BritBox.


References


External links


ITV plc
{{DEFAULTSORT:Itv Plc British companies established in 2004 Mass media companies established in 2004 ITV (TV network) Companies listed on the London Stock Exchange Mass media companies based in London Mass media companies of the United Kingdom 2004 establishments in the United Kingdom