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ITV PLC (ITV)

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Wednesday 04 February, 2009

ITV PLC

ITV response to Project Kanga

RNS Number : 7585M
ITV PLC
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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For further enquiries please contact: 

 

ITV plc 

Tel: 020 7156 6000 


Press enquiries 

Ruth Settle - Director of Corporate Communications 

Sophy Silver - Head of Press, Consumer


Investor enquiries 

Christy Swords - Director of Investor Relations 

Pippa Strong - Head of Investor Relations 

James Tibbitts - Company Secretary 

 

Tulchan Communications 

Tel: 0207 353 4200 

Andrew Grant 

Susanna Voyle 

Lizzie Morgan 

 

Website: www.itv.com; investor information: www.itvplc.com 



This information is provided by RNS
The company news service from the London Stock Exchange
 
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