It may or may not be related.
There's news this morning that the Comcast/Sky plan to buy the tv side of ITV is still progressing; one of the important loose ends is the future of ITN. ITV is a 40% shareholder in the news provider; the others are the Daily Mail and General Trust (DMGT) 20%; Thomson Reuters 20%; and Informa plc 20%. The Sky Newsroom is thought to lose £100m a year; ITN is just in profit, but carries a £100m pension fund deficit.
Yesterday Rachel Corp stood down as ITN CEO.
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