World in Action output. For the first 35 years of its existence, ITV had a near-monopoly of television advertising revenue. Roy Thomson, who ran Scottish Television famously described ITV as a "licence to print money". In return for this income, the broadcasting regulator insisted that the ITV companies broadcast a proportion of their programmes as public service TV. Out of this was born the network's reputation for serious current affairs, eagerly grabbed by programme makers under Granada's founder Lord Sidney Bernstein. Some of the most prominent figures in 20th-century British broadcasting helped to create "World in Action", in particular Tim Hewat, "the maverick
Panorama (TV programme) that the programme's audience would have "dwindled" had it remained on Monday nights. In January 2007 Heggessey's successor, Peter Fincham, moved "Panorama" back from Sunday nights to a prime time Monday evening slot at 8.30 pm, although it was now shorter than it had previously been, running to half an hour. This decision was at least partly in response to a demand from the Board of Governors of the BBC for the channel to show more current affairs programming during prime time. Panorama (TV programme) Panorama is a British investigative current affairs documentary programme that is aired on BBC Television.