Ofcom has announced its decision to renew the licenses of ITV, STV, UTV and Channel 5 for a further 10-year period commencing from 1 January 2015.
The move prevents the licenses from expiring at the end of the year and dovetails with a separate determination of the areas covered by the individual channel 3 licenses.
This will see Ofcom create a separate license for Wales together with a West and South West of England license, both of which must be accepted by the license holders at pain of having them revoked.
In a statement Ofcom said: “Licensees must accept the financial and area determinations decided by Ofcom in order for the licence renewals to be granted. If they accept these, and there are no grounds for refusal, their licences will be renewed in the coming weeks for a period of ten years.”