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Article: 'Project Kangaroo' - Final Report.
- Article from:
- M2 Presswire
- Article date:
- February 4, 2009
CopyrightCOPYRIGHT 2009 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-4 February 2009-UK Government: 'Project Kangaroo' - Final Report(C)1994-2009 M2 COMMUNICATIONS LTD
RDATE:04022009
The Competition Commission (CC) has decided to block the proposed video on demand (VOD) joint venture between the BBC through BBC Worldwide Limited (BBCW), ITV plc (ITV) and Channel Four Television Corporation (C4)-UKVOD, also known as 'Project Kangaroo'. It has concluded that none of the other remedies proposed could remove the threat to competition in the VOD market.
Peter Freeman, CC Chairman and Chairman of the inquiry group, said: After detailed and careful consideration, we have decided that this joint venture ...