ITV Puts Friends Reunited Up For Sale In Bid To Cut Costs
04th Mar 2009
Broadcaster ITV said today it would sell its social networking website Friends Reunited as the firm looks to cut costs and raise revenues.
ITV will also dispose of its listings website Scoot and is “considering options” for its SDN digital television business.
The announcement came as the firm announced plans to make cost savings of £245m a year by 2011. Read More...
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