STV Group PLC STV confirms renewal of Channel 3 licences
21 Marzo 2024 - 11:00AM
RNS Regulatory News
RNS Number : 7883H
STV Group PLC
21 March 2024
STV Group plc
Immediate Release
Thursday 21 March
2024
STV
CONFIRMS RENEWAL OF CHANNEL 3 LICENCES
· STV
agrees terms for north and central Scotland licences for 10-year
period from 2025
· Broadcaster confirms ongoing commitment to high quality Public
Service Broadcasting
· Network programming agreement with ITV in place throughout
licence duration
STV Group plc today (Thursday 21
March) confirms that it has accepted new financial terms with
regulator, Ofcom, to renew its Channel 3 licences for the north and
central regions of Scotland.
The new licences will come into
effect from 1 January 2025 and will run for a ten-year period,
securing the benefits of Scottish public service broadcasting for
STV viewers.
STV notes that ITV has also accepted
the same terms for each of its 13 regional Channel 3 licences,
which secures the future of the Channel 3 network across the
UK.
Simon Pitts, CEO of STV Group plc,
said: "We welcome the renewal of
our licences, which provides us with the certainty to continue to
invest in our business for the long term, while ensuring continued
delivery of valued public service broadcasting on Channel 3 in
Scotland until the end of 2034. We're proud to be Scotland's most
popular peak time channel, which is testament to a strong schedule
of local programming, news and current affairs alongside popular,
award-winning network content through our agreement with
ITV.
"It's now critical that the Media
Bill progresses through the UK parliament and is swiftly
implemented by Ofcom to ensure Public Service Media's prominence in
the digital era. This would guarantee that streaming services run
by PSBs, like STV Player, are easily discoverable by viewers on
digital platforms and devices."
Contact:
Kirstin Stevenson (Head of
Communications) STV
T: 07803970106 E:
Kirstin.stevenson@stv.tv
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