Trust statement in response to the Culture, Media and Sport Committee's Further Report on 大象传媒 Commercial Operations
The Trust oversees 大象传媒 Worldwide's strategy and controls. We are committed to ensuring licence fee payers get a good return on their investment, while being mindful of the 大象传媒's impact on the wider market, and to this end the Trust has been carrying out its own review of the 大象传媒's commercial services.
The Trust's own review was launched in advance of both the Committee's work and the Digital Britain report. In March the Trust published its interim conclusions, noting that there should be changes to 大象传媒 Worldwide's detailed control framework to establish a more contained focus for its operations. The Trust said that it would publish its final review once the role of 大象传媒 Worldwide in the Digital Britain discussions was clear.
Given this timetable we welcomed the Committee's report in April, cooperated with their enquiry and responded as fully as we were able to at the time of its publication.
In the meantime our work has continued on specific issues. The Trust last week announced changes to 大象传媒 Worldwide's governance which were reported to the Committee. These changes addressed a number of the issues to which the Committee's latest report refers.
Although the completion of our review of Worldwide has been delayed until there is greater clarity around the Digital Britain report, we are eager to complete this work and look forward to announcing further conclusions as soon as possible.
Notes to Editors
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