I posted below about the revolution that is hitting our television industry. Today ITV have announced another poor set of results. ITV are still the largest advertising channel in the UK, but not for long. Google will overtake them in a year or so and as the multi-channel world of Digital television kicks in they will fall even further back.
The future will be subscription and new forms of payment, like ITVPlay and the other gameshows where you pay through calling in with little hope of winning a prize. It will be a very different world and I can't see how the likes of the BBC and ITV can remain in their current format's over the next 5 years.