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Share Price Information for ITV (ITV)

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Share Price: 75.65
Bid: 76.15
Ask: 76.25
Change: -1.45 (-1.88%)
Spread: 0.10 (0.131%)
Open: 77.95
High: 77.95
Low: 75.65
Prev. Close: 77.10
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ITV to carry out external review following Phillip Schofield's exit

Thu, 01st Jun 2023 08:38

(Alliance News) - ITV PLC has instructed a barrister to carry out an external review of the facts following Phillip Schofield's departure from This Morning and subsequent press statements, Chief Executive Carolyn McCall has said in a letter seen by the PA news agency.

The letter was sent to UK Culture Secretary Lucy Frazer, DCMS Committee Chair Caroline Dinenage and Ofcom Chief Executive Melanie Dawes, in the wake of Schofield's departure from ITV last week.

Schofield, 61, resigned from the broadcaster on Friday and was dropped by his talent agency YMU after admitting to an "unwise but not illegal" affair with a younger male colleague.

The letter mentions the "significant media coverage concerning Phillip Schofield" and adds that: "As you would expect we take the matter extremely seriously and have reviewed our own records over the weekend."

It says that ITV records show that "when rumours of a relationship between Phillip Schofield and an employee of ITV first began to circulate in late 2019/early 2020 ITV investigated."

"Both parties were questioned then and both categorically and repeatedly denied the rumours, as did Phillip's then agency YMU. In addition, ITV spoke to a number of people who worked on the This Morning and wider Daytime team and were not provided with, and did not find any evidence of a relationship beyond hearsay and rumour.

"Given the ongoing rumours, we continued to ask questions of both parties, who both continued to deny the rumours, including as recently as this month."

The letter goes on to state out facts, following what McCall says has been "a lot of inaccuracy" in reporting and she added the former employee Schofield admitted to an affair with has been offered support throughout.

ITV shares were up 0.5% to 70.14 pence early Thursday in London. The stock is down 0.7% in the past 12 months.

source: PA

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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