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
Close Up (TV programme) the mould of "60 Minutes". On 28 September 2012, TVNZ decided to cancel Close Up at the end of the year taking a new stance at the 7pm time slot. TVNZ head of news and current affairs Ross Dagan said "a new daily current affairs show with a distinctively different format." This also ended Mark Sainsbury's association with the state owned channel. The show ended on 30 November 2012. Close Up (TV programme) Close Up was a half-hour-long New Zealand current affairs programme produced by Television New Zealand. The programme aired at 7 pm weeknights (straight after "One News") on