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Prior to the act, the IBA was considered the broadcaster; when the IBA was replaced by the ITC, the companies were the broadcasters.

It enabled the creation of multichannel Satellite Television, an additional terrestrial television channel, and opened radio frequencies to Independent National Radio. It required the BBC to outsource at least a quarter of its production, and has been said to have opened the door for Rupert Murdoch's incursion into British media.

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