News
Three-horse race for Six Nations
Sportfive pays about €2 million a year at present and negotiations are ongoing for a new four-year contract, from 2010 to 2013, covering all markets outside the six participating countries.
Massive loss for ITV
Excluding the write-down, ITV reported a profit of £167 million, down 41 per cent on 2007.
As part of its plan to deal with cashflow problems, caused by a four-per-cent fall in net advertising revenues – down to £1.425 billion from £1.489 billion in 2007, ITV is to have talks with the England Football Association, Uefa and Fifa about rescheduling its rights fee payments.