WSJ.com: ITV launching legal proceedings against STV for £38m debt

“ITV, a broadcaster, said Tuesday that it will be issuing legal proceedings against STV to recover a gross debt of £38 million; this debt has accumulated as a result of STV not honouring its contractual contributions towards the Network Programme Budget,” reports Dow Jones on the WSJ site.

• WSJ story at this link…

• ITV statement at this link.

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