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29 October 2014
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28.06.02

ABOUT THE 大象传媒


大象传媒 Statement re: ITC report on 大象传媒 THREE


"The ITC's report confirms that the likely impact of 大象传媒 THREE on the television market would be 'manageable' within the industry.


"Even after the recent downturn, commercial advertising revenues amount to around 拢2.9 billion pa, so in fact the ITC's forecast impact of around 拢7 million after two to three years is very small indeed.


"We note that the report also highlights forecasts that advertising revenues will soon be growing again, further lessening any impact.


"We are pleased that the ITC's report also supports our proposals for 大象传媒 THREE. We note their belief that 'there is a strong public service rationale for offering high-quality, distinctive, UK-produced programmes to the target audience' and that they 'recognise the 大象传媒's response to this in, for example, promising more distinctive programming, with an enhanced news component, which would make the channel a valuable addition to the PSB suite'.


"Of course the ITC also warn that a channel without 大象传媒 THREE's public service commitments could have a greater impact. But we have made those commitments very publicly and we will keep to them. Indeed, we know that the Governors and the Secretary of State will make very sure that we do.


"We believe 大象传媒 THREE will also make an important contribution to driving digital take-up, especially among people who don't want to pay a subscription, at a time when this is much needed.


"We welcome the ITC report and its conclusions, and trust that it will prove useful to the Secretary of State. We hope that she will soon be able to give us consent to launch the new channel."


Notes to Editors


The ITC report has been published on the .


The 大象传媒 is not responsible for the content of external internet sites.


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