ITV Ends Web News Contract

ITN’s web division will stop supplying news to ITV.com next month following the cancellation of the contract.

The Guardian cites sources suggesting the agreement was worth an estimated £500,000 to ITN On, which has provided text and video reports to the website.

Video bulletins covering global and national stories will be supplied in the future by the television news division of ITN.

Text articles published on ITV.com will come from ITV’s regional journalists.

A memo from ITN On managing director Nicholas Wheeler published on the Guardian website reveals that job losses are now inevitable.

He concludes: “The loss of this contract represents significant revenue hit for ITN On, and means that we have to review the online operation to see how we can best deliver text stories to our remaining online clients.”