[Blubatt]

Disney would've acquired Art Attack anyway. In 1993, TVS was sold to International Family Entertainment. In 1997, IFE was sold to Fox Kids Worldwide (a joint venture of Fox and Saban). In 2001, Disney took over Fox Kids, and as such, now own the TVS archive.

Not too sure if that'll be Disney or Warner though, if TVS did keep their license:
twitter.com 

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Now wouldn't that be a big what if. I never knew Time Warner were going to takeover TVS. If it had happened, that might have led to a very different ITV today. As it goes, any speculation on 'what ifs' is moot at this point. I also based my initialy opinion on Thames not doing 7 day a week news on the the companies not really working together prior, rather than based on LWT's franchise plans.

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Well the Peacock Report was expected to recommend the scrapping of the licence fee, which was the whole point of Thatcher's government commissioning it in the first place.  However it went the other way and suggested that keeping it was the "least worst" option.

However some of the other recommendations it made eventually found their way into the 1990 Broadcasting Act, the two keys ones being ITV franchises should be put out to competitive tender (which they were), Channel 4 should be able to sell its own advertising (which it ultimately did) and Not less than 40% of the BBC's and ITV’s output should be sourced from independent producers (this was revised IIRC to 25%).

If I read correctly in the past, the only recommendation it made regarding the BBC was that it privatised Radio 1 and Radio 2, and made the BBC comission more outside production companies