Executive Summary
ITV plc is a leading UK media company, owning all of the regional Channel 3 licences in England and Wales, which together account for over 90% of ITV1 advertising revenues. ITV plc wholly owns ITV2 the fast growing free-to-air digital channel. ITV plc's production arm comprises the largest commercial television production company in the UK and one of Europe's largest programme distributors. ITV plc owns the market leading cinema screen advertising businesses in the UK and Republic of Ireland and has similar joint ventures in continental Europe and the United States.
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