The End of Michael Green.
BBC NEWS report
It was inevitable. When huge numbers of your shareholders try to get rid of you, there isn't much hope of you clinging in there. And so it will be that Michael Green won't be taking a role in the new ITV plc.
No doubt there's just a few sighs of relief out there.
Indidently, the Carlton shareholder Fidelity who started the campaign to oust Green, owns 33% of Granada as well as 36% of Carlton, leaving them in a perfect position to do something similar at Granada if they really wanted.