Thursday, March 6, 2008
The call-in scandals that hit a number of British networks, including the BBC and ITV, have taken their toll in terms of profits. ITV reports its approximately two billion pounds in pre-tax profits represent a nearly 35 percent dip compared to what it earned in 2006 (nearly 2.2 billion pounds). Working with Ofcom, ITV continues to probe why viewer call-ins were mishandled. Read more here. Meanwhile, ITV boss Michael Grade addressed the problem and defended his network's record and plans for the future.