Kangaroo hits setback from Competition Commission

It’s going to be all over the trade press for at least this week.

The friendly prelim heads-up from the Competition Commission on Project Kangaroo, the JV between C4, ITV and BBC, in advance of their final ruling due in February 2009, is out.

The basic gist: "Make some changes buddy".

The Commission is of the opinion that the proposal in its current form will restrict competition in the wholesale and retail VOD markets (content acquistion and online advertising areas were deemed fine).

There’s no need for me to cover things  that are goign to be run to death over the next day or two, so for now, just go to PaidContent UK, who as far as I know got the news up first (and for those in the UK, if you don’t read already, well, do)

http://www.paidcontent.co.uk/entry/419-breaking-kangaroo-will-be-anti-competitive-commission-says/