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The history of ITV, the United Kingdom and Crown Dependencies "Independent Television" commercial network, goes back to 1955. [1]Independent Television began as a network of independently-owned regional companies that were both broadcasters and programme makers, beginning with four companies operating six stations in three large regions in 1955–1956, and gradually expanding to 17 stations in ...
CPV-TV (from Chrysalis, Paradine and Virgin) was a company which had bid for three ITV franchises at the 1991 ITV franchise auction. [1]It was a consortium led by Sir David Frost and Richard Branson with further backing from the Chrysalis Group media business and had bid for the East of England, London Weekday and the South and South East England franchises which were then held by Anglia ...
Retrieved from "https://en.wikipedia.org/w/index.php?title=1991_ITV_franchise_auctions&oldid=839341006"
On 16 October 1991, Carlton won the "Channel 3" franchise to broadcast to London during weekdays from January 1993, as a result of winning the silent auction used to renegotiate the new ITV franchises. [4] [page needed] Thames bid £32.5M, while Carlton Television placed a bid of £43.2M [5] [page needed] and CPV-TV placed a bid of £45.3M. [6]
On 16 October 1991, following changes to the way ITV contracts were issued (via a blind auction rather than a bid on merits and potential) it was announced that TSW had lost its franchise because of an 'unrealistic business plan' related to its bid, which was viewed by the Independent Television Commission (ITC) as being far too high.
16 October – The ITV franchise auction results are announced and take effect starting midnight on 1 January 1993. It will see many notable names going off air after losing their franchises, including Thames, TVS, TSW, TV-am and ORACLE Teletext. Central is, however, unopposed in bidding to retain its franchise
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