RNS Number : 7585M
04 February 2009
4 February 2009
ITV plc response to Competition Commission 'Project Kangaroo' Final Report
Michael Grade, Chairman and Chief Executive of ITV said:
'We are surprised by this decision because we believe that the Kangaroo joint venture, competing in a crowded online world against dominant global brands, was an attractive UK consumer proposition, free at the point of use.
'However, in the two years since the idea for Kangaroo was born, the success of ITV.com has proved that our content is attractive enough to stand on its own and we remain focussed on our online growth.
'We will provide a further update on our online plans with our full year results on March 4.'
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