Former subscribers to the failed ITV Digital service need not worry about paying for their set-top boxes any more.
According to the Financial Times this evening, Carlton and Granada -- the two ITV companies who operated the venture -- are to buy the 990,000 boxes on behalf of their former customers as a goodwill gesture.
Last month ITV Digital's liquidators, Grant Thornton, asked subscribers to pay £40 or return the boxes, prompting fury from many viewers who had lost money when the company went under.
Now Carlton and Granada will be splashing out £2.8 million to the liquidators in a deal which will allow ex-ITV Digital households to keep their boxes indefinitely for no charge.
Just 8,000 customers have paid the £39.99 fee so far, all of whom will be refunded fully.
"The sum received closely tallies with the likely returns under the financial model we established and the indicated value of previous offers to purchase the boxes and customer debts when ITV Digital was in administration," said joint liquidator Malcolm Shierson. "Our offer to subscribers was proceeding very satisfactorily, but this agreement offers a certain return to creditors."
:mexican:
According to the Financial Times this evening, Carlton and Granada -- the two ITV companies who operated the venture -- are to buy the 990,000 boxes on behalf of their former customers as a goodwill gesture.
Last month ITV Digital's liquidators, Grant Thornton, asked subscribers to pay £40 or return the boxes, prompting fury from many viewers who had lost money when the company went under.
Now Carlton and Granada will be splashing out £2.8 million to the liquidators in a deal which will allow ex-ITV Digital households to keep their boxes indefinitely for no charge.
Just 8,000 customers have paid the £39.99 fee so far, all of whom will be refunded fully.
"The sum received closely tallies with the likely returns under the financial model we established and the indicated value of previous offers to purchase the boxes and customer debts when ITV Digital was in administration," said joint liquidator Malcolm Shierson. "Our offer to subscribers was proceeding very satisfactorily, but this agreement offers a certain return to creditors."
:mexican: