Kangaroo jumps off track

Just when it seemed all set to go, the multi channel project owned jointly by the BBC, Channel Four and ITV has been effectively closed down.

This follows the decision by the Competition Commission that a three way deal would be unfair, although it did not state that a two way deal would be rejected.

However, it is estimated that project Kangaroo has cost the broadcasters an estimated £25 million at a time when they could without the extra cost.

For the broadcasters it could be a shot in the arm, as the BBC can concentrate on the iPlayer, while ITV and Channel Four can work on their catch up services.

They could even collaborate on a similar project.

The winners are of course Joost and Blinkbox.

There is also the possibility of a little smile on the faces of Virgin Media and BSkyB too, who were both vocal against the service from the start.