Local TV is out of focus for the Tories
If you want to be part of a regional news consortium, stepping in to let ITV off the hook and mop up a little leftover BBC licence fee money, forget it. This is a Labour wheeze. The Tories will scrap it in May, because they want very local consortiums doing very local news broadcasts four hours a day (and their media maestro, Jeremy Hunt, says he'll tear up any prematurely signed regional contracts). But does anyone suppose that such local alternatives can be born in a trice? No: the nearer we get to a Conservative government, the more problematic the economy – and therefore ad revenue prospects - becomes. No ITV regional news, then. No replacement regional news, either. And, perhaps, no anything while true blue thumbs are intensively sucked.
Market Reactions
Price reaction data not yet calculated.
Available after full seed + reaction pipeline runs.
Similar Historical Events(2 found)
MarketReplay Insight
2 similar events found. Price reaction data will appear here after the reaction pipeline runs.