STV Group plc confirmed that it has accepted new financial terms with regulator, Ofcom, to renew its Channel 3 licences for the north and central regions of Scotland. The new licences will come into effect from 1 January 2025 and will run for a ten-year period, securing the benefits of Scottish public service broadcasting for STV viewers. STV noted that ITV has also accepted the same terms for each of its 13 regional Channel 3 licences, which secures the future of the Channel 3 network across the UK.
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