Following the Broadcasting Act 1990, which had changed the criteria for ITV franchise assignment from quality to commercial, Carlton Television, in 1992, successfully bid £43m to secure the London weekday ITV franchise previously held by Thames Television.
After the 1990 Broadcasting Act prioritized commercial factors over quality in ITV franchise assignments, Carlton Television secured the London weekday ITV franchise in 1992 by bidding £43m, succeeding Thames Television.