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Ofcom's second public service broadcasting review Phase 2: Preparing for the digital future 25 September 2008
Audiences should have a choice of providers  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The current model of ITV1 provision is broken Current costs soon exceed benefits 2009 2010 2011 ITV Wales Costs > benefits During 2009 ITV Plc Costs > benefits Before 2012 stv Costs > benefits  2009 - 2010 ,[object Object],[object Object],[object Object],1 2 3 4 Licence handback becomes a rational option for ITV Plc
Channel 4 should have a significant role, but it needs an economic model and funding to support this  Note: Forecasts Channel 4’s financial shortfall by 2012. LEK's numbers based on EBITDA. Ofcom based on EBIT, due to differences in methodology £32 m £60 m £100 m £119 m
Estimated funding gap - after 2012 considerable uncertainty £330- 420 m £185 m £145 - 235m Total funding of £330 - £420m per annum may be needed by 2012
Institutions and competition should play important roles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Benefits  Institutions Competition
Long term models for PSB in the future need refining 2. BBC only 1. Evolution 3. BBC/Channel 4 4. Broad competitive funding
All funding options identified in Phase 1 remain credible ,[object Object],[object Object],[object Object],[object Object],[object Object]
In the short term commercial PSBs' obligations must set them on a path consistent with the long-term models ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
In the short term commercial PSBs' obligations must set them on a path consistent with the long-term models ,[object Object],[object Object],[object Object],[object Object]
Our core principles for the future  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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PSB Phase 2 presentation

  • 1. Ofcom's second public service broadcasting review Phase 2: Preparing for the digital future 25 September 2008
  • 2.
  • 3.
  • 4. Channel 4 should have a significant role, but it needs an economic model and funding to support this Note: Forecasts Channel 4’s financial shortfall by 2012. LEK's numbers based on EBITDA. Ofcom based on EBIT, due to differences in methodology £32 m £60 m £100 m £119 m
  • 5. Estimated funding gap - after 2012 considerable uncertainty £330- 420 m £185 m £145 - 235m Total funding of £330 - £420m per annum may be needed by 2012
  • 6.
  • 7. Long term models for PSB in the future need refining 2. BBC only 1. Evolution 3. BBC/Channel 4 4. Broad competitive funding
  • 8.
  • 9.
  • 10.
  • 11.