Five Response To Proposed CRR Variations

Five (Channel 5 Broadcasting Ltd) today responded to the provisional decision by the Competition Commission to vary ITV’s Contract Rights Renewal (CRR) undertakings.

Kelly Williams, Five’s Director of Sales, said:

“The competition authorities have spent the best part of two years deciding that CRR should remain in place when they could have used that time to conduct a wide-ranging review of the way the TV advertising market works and the many distortions that arise from it.

“Nevertheless we are disappointed that the Competition Commission has agreed to allow ITV HD and +1 services to be included in the CRR calculation. Until a much-needed market review is conducted, Five believes it is right to keep CRR in place.”

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