The company ran into financial difficulty due to the staggering losses of the first two years of ITV and start-up costs. The London weekday contractor Associated-Rediffusion shouldered some of ATV's losses and further funding was achieved by selling shares to the "Daily Mirror" newspaper. The company structure was changed several times until 1966, when ATV and ITC both became subsidiaries of the Associated Communications Corporation (ACC), formed by turning the old structure on its head. This marked the point where Lew Grade advanced from being the greatest influence over the company to taking control.