RNS Number : 2005R
27 April 2009
27 April 2009
SDN and Virgin Media Television
SDN Ltd, a wholly-owned subsidiary of ITV plc, today announces that it has agreed a new DTT carriage contract with Virgin Media Television for their Virgin 1 channel.
- ends -
For further enquiries please contact:
Tel: 020 7156 6000
Ruth Settle - Director of Corporate Communications
Louise Evans - Head of Corporate Communications
Christy Swords - Director of Investor Relations
Pippa Strong - Head of Investor Relations
Tel: 0207 353 4200
Website: www.itv.com; investor information: www.itvplc.com
SDN is a UK based digital terrestrial television (DTT) multiplex operator, acquired by ITV plc in March 2005. It holds the licence from Ofcom to broadcast DTT channels over a specified bandwidth, and constitutes roughly a sixth of UK's current DTT capacity, or a third of all commercially available capacity. SDN derives its income from broadcasting channels on behalf of content providers, with channels marketed to consumers as part of the Freeview, Top Up TV, or BT Vision services. SDN revenues in 2008 were £33m.
Within SDN's current capacity of up to ten full videostreams, half is reserved under the 1996 Broadcasting Act for use by Five which broadcasts its three channels on DTT and sub-licenses the remainder of the capacity to Top Up TV. The other channels carried by SDN include QVC, Bid TV, CNN, CITV, Bauer Radio, Teletext, and Quest.
This information is provided by RNS
The company news service from the London Stock Exchange