The British television industry hasn't got what it takes to compete in Europe, let alone globally
For the barons of UK commercial television, this has been a dismal summer. After a huge advertising campaign, a knock-off of the US TV hit Survivor hit our screens with all the impact of a feather boa. Now it is the survival not of game show contestants but the two big players of the UK television industry ' Carlton Communications and Granada ' that's in question. Share prices of both have plummeted during the past year. Granada went from 260p in May 2000 to 159p now, while Carlton has fallen from 900p in July 2000 to 351p now. Both were hurt by a slowing economy, which depresses their...
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