More on ITV Digital

C21 report in more detail on what is happening at ITV Digital after te cuts

http://www.c21media.net/resources/weekly_detail.asp?id=783

Key points:
- £12m loss from Kangaroo
- TV Play to be shuttere! (what happens to PartyGaming deal)
- 80 digital jobs to go
- ITV.com made mistakes when building the site
- digital turnover at £36m and target of £150m scrapped

So, it is all pretty shit now and as everyone speculated, ITV has been badly managed for years.

A Big Day for ITV

http://www.itv.com/News/Articles/ITV-announces-600-job-losses-838920857.html

ITV job losses and the economic glum exposes the lack of a new business model at ITV. Selling Scoot & Friends Re-United.

Why is it that all that itv touches turns to 'coal':
- ITV Play ruins participation TV market in the UK
- ITV buys Friends Reunited just before MySpace/Facebook boom
- Project Kangeroo dies a death, even though it should have been good
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