Associated-Rediffusion
Associated-Rediffusion Television was originally a partnership between British Electric Traction (BET), its subsidiary Broadcast Relay Services Ltd. (Traded as Rediffusion), and Associated Newspapers, owner of the Daily Mail, which was interested in commercial broadcasting as early as the 1920s. The aftermath of the financial losses made by the ITV system, Associated Newspapers sold the majority of its share in the company to BET and Rediffusion, the company did not drop the "Associated" part of Associated-Rediffusion until 1964. Associated Newspapers later realised the potential of ITV, they became a significant investor in the ITV franchisee for the south, Southern Television and later became a shareholder on Independent Television News (ITN).