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The Week: Media news - Kangaroo costs rack up.(Channel 4)(Brief article)
Project Kangaroo, the video-on-demand venture, has cost ITV and Channel 4 pounds 30 million in 2008, according to a report.
The broadcasters, facing a bill of pounds 15 million each, should consider pulling out of the venture, the study by Enders Analysis argued. It estimates that the service, which is still to win regulatory approval, has already cost the partners - BBC Worldwide, ITV and Channel 4 - more than pounds 25 million in staff and development costs. The report argues that ITV ...
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