Some articles on funding, funding formula:
... of Channel 4, which built on the ITV network for its funding ... companies sold Channel 4's airtime until 31 December 1992, after which a 'funding formula' continued, whereby the ITV companies would subsidize Channel 4 if it fell into losses ... However, it never did, and the funding formula was withdrawn in 1998 ...
Famous quotes containing the word formula:
“Its hard enough to adjust [to the lack of control] in the beginning, says a corporate vice president and single mother. But then you realize that everything keeps changing, so you never regain control. I was just learning to take care of the belly-button stump, when it fell off. I had just learned to make formula really efficiently, when Sarah stopped using it.”
—Anne C. Weisberg (20th century)