ITV plc (LON:ITV) In Royal Wedding Blow

Ofcom has asked ITV plc (LON:ITV) to avoid advertising during its Royal Wedding coverage, a decision which will be a huge financial blow to the broadcaster. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full ITV chart at Wikinvest ITV plc (LON:ITV) In Royal Wedding Blow Reports say that the new rule by media watchdog Ofcom will force ITV plc (LON:ITV) to telecast the royal wedding on April 29 without any commercial breaks, as it is defined as a 'formal royal ceremony' which the Sovereign or members of the British Royal Family enjoying the prefix "Royal Highness" are the centre'. This new ruling by the regulator body is expected to cost ITV plc (LON:ITV) a revenue loss of around £8 million. ITV plc (LON:ITV) shares stood at 78.6 at the end of the last trading session. Price History Last Price: 78.6 52 Week Range: 46.77- 95.85 Last Vol: 27161064 3 Month Vol: 21877300
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