The origins of ITV lie in the passing of the Television Act 1954, designed to break the monopoly on television held by the BBC Television Service. The act created the Independent Television Authority (ITA, then IBA after the Sound Broadcasting Act) to heavily regulate the industry and to award franchises. The first six franchises were awarded in 1954 for London, the Midlands and the North of England, with separate franchises for Weekdays and Weekends. The first ITV network to launch was London's Associated-Rediffusion on 22 September 1955, with the Midlands and North services launching in February 1956 and May 1956 respectively. Following these launches, the ITA awarded more franchises until the whole country was covered by fourteen regional stations, all launched by 1962.