 Since 2016, the fifteen licences are held by two companies, with the majority held by ITV Broadcasting Limited, part of ITV plc.The network is regulated by the media regulator Ofcom who is responsible for awarding the broadcast licences.The last major review of the Channel 3 franchises was in 1991, with all operators' licences having been renewed between 1999 and 2002 and again from 2014 without a further contest.