of the new company would be given to ABC, a move unpopular with Rediffusion. Questioning the ITA's decision, Rediffusion attempted to slow down the merger: only the threat of giving the licence solely to ABC made it relent. To assist Rediffusion financially, the ITA insisted that the new company have two sets of shares: voting shares which would allow ABC to have control (with 51%) and 'B' shares which were to be split equally between the two, thus sharing profits fairly.

The structure of the new company was also a problem. A merger between