ITV axes news channel

Article Abstract:

ITV has advised that it will close down ITV News Channel. This implies that approximately 70 persons will lose their jobs. The move is expected to save ITV 3 million pounds sterling per annum. ITV is planning to use 2 million pounds sterling from these savings for new news programs.

Personnel administration, Services discontinued, Human resource management, Company personnel management, ITV PLC, Service discontinuation

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TV sale to focus Chrysalis radio

Article Abstract:

Chrysalis Group is engaged in talks with three ITV executives over the possible sale of its television unit. The group is hoping to become a more focused radio broadcasting company by way of such a sale.

Radio Broadcasting, Radio broadcasting stations, Radio broadcasting industry, Chrysalis Group PLC

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ITN poised to take over London news

Article Abstract:

ITN is engaged in renewed discussions to take over the London News Network. Labor unions are asking for urgent talks with ITN managers over the fate of London News' staff.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, London, England, Independent Television News Ltd., Radio/TV/entertainment industry software

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