Channel’s sale to ITV ‘is a positive’

Wednesday 19th October 2011, 2:29PM BST.

Karen Rankine Channel Television is to be sold to ITV.

The deal to buy Channel TV from privately-owned company the Yattendon Group is expected to be completed in around four weeks, subject to the approval of the Jersey Competition Regulatory Authority.

Karen Rankine (pictured), Channel Television managing director of broadcasting, welcomed the deal and said it could lead to additional ITV services – such as its HD-TV channels – being available locally.

‘It’s obviously a significant change for our company but we feel it is a very positive one.

‘It marks the end of our independent ownership but we already have strong links with ITV’s news operations in the UK and see this as a way to improve those strong links further.’

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View more: Broadcasting news, Channel Television news, Television news.

1
Temp expat

October 19, 2011 at 6:57 pm

Can’t help feeling there’s a tax incentive somewhere here….

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2
Ectopudding

October 20, 2011 at 12:10 am

So, it’s goodbye Channel and hello ITV South. Or more importantly goodbye Oscar Puffin and hello Fred Dinenage!

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3
Zab

October 20, 2011 at 1:12 am

Positive for the shareholders, thats about all. Yes the financial advantage is in the compliance buisness the penalties for infringement arn’t so high here, PROUD TO BE A CHANNEL ISLANDER!

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4
pbfalla

October 20, 2011 at 3:20 am

Rule Britannia

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5
Old Vyooer

October 20, 2011 at 1:44 pm

It’s never been the same since Phil Mottram-Brown and his flip-chart advertisements.

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