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ITV aims to be top UK entertainer ITV aims to be top UK entertainer
(about 3 hours later)
ITV boss Michael Grade has unveiled plans aimed at making the broadcaster the UK's favourite source of free entertainment by 2012. ITV boss Michael Grade has unveiled plans aimed at making the broadcaster the UK's "favourite source of free entertainment" by 2012.
It plans to double the amount it makes from its content to £1.2bn, but any extra spending will have to come from saving money throughout the business.It plans to double the amount it makes from its content to £1.2bn, but any extra spending will have to come from saving money throughout the business.
The broadcaster plans to use more new talent, commission longer runs of programmes and seek joint commissions. The broadcaster aims to save between £35m and £40m a year, which will be reinvested in popular programming.
It has also set ITV.com a target of delivering £150m in revenue by 2010. Part of the savings will come from axing eight of its regional newsrooms.
ITV plans to open negotiations with regulator Ofcom about merging some of its smaller regional news services. ITV plans to open negotiations with the regulator Ofcom about reducing the regional services - by cutting the number of newsrooms across the UK to nine from 17.
I want ITV to be widely acknowledged as the UK's favourite source of free, original entertainment Michael Grade, executive chairman, ITV
In a letter to staff, Mr Grade warned that the current set-up is not sustainable.
Call-in competitions
It has set ITV.com a target of delivering £150m in revenue by 2010.
Also, scandal-hit ITV Play's remaining call-in competition programmes, that are broadcast late at night on ITV1 and ITV2, are to be scrapped.Also, scandal-hit ITV Play's remaining call-in competition programmes, that are broadcast late at night on ITV1 and ITV2, are to be scrapped.
"Negative publicity following compliance problems across the sector has seen call volumes drop to uneconomic levels," ITV said."Negative publicity following compliance problems across the sector has seen call volumes drop to uneconomic levels," ITV said.
The ITV Play channel itself was taken off air in March after some of its competitions came under fire for being almost impossible to answer.The ITV Play channel itself was taken off air in March after some of its competitions came under fire for being almost impossible to answer.
One quiz mentioned by Ofcom asked viewers to name 12 things that might be found in a woman's handbag.
The correct answers included a balaclava and Rawlplugs.
"By 2012, I want ITV to be widely acknowledged as the UK's favourite source of free, original entertainment across all popular platforms and devices, not just on television," Mr Grade said."By 2012, I want ITV to be widely acknowledged as the UK's favourite source of free, original entertainment across all popular platforms and devices, not just on television," Mr Grade said.
ITV said that trading is in line with expectations and that advertising revenues are continuing to improve.ITV said that trading is in line with expectations and that advertising revenues are continuing to improve.