Advanced Television

Carolyn McCall

ITV Q2 revenue dips

ITV has reported total Q2 revenue was down 3 per cent at £1.9 billion (€2.26), with growth in total advertising revenue (TAR) offset by the expected decline in ITV Studios revenue. Total external revenue was down 2 per cent at £1.59 billion in the period to June 30th. Group adjusted EBITA was up 40 per […]

July 25, 2024

ITV Q1 impacted by Hollywood strikes

ITV has reported that Q1 revenue to March 31st was down 7 per cent YoY at £887 million (€1.03bn), with growth in total advertising revenue (TAR) offset by the decline in ITV Studios revenue. Streaming platform ITVX continued to perform well with 16 per cent growth in streaming hours and 14 per cent growth in […]

May 9, 2024

ITV publishes Social Purpose Impact Report

ITV has published its Social Purpose Impact Report for 2023 outlining progress in its mission to shape culture for good across four focus areas: Mental Wellbeing, Climate Action, Diversity and Inclusion and Better Futures. ITV says that 2023 marked a major milestone for the broadcaster, as its five-year strategy for Better Health concludes with a […]

March 25, 2024

ITV slumps in bad ad market

ITV has reported an overall 2023 profit decline of 61 per cent YoY, to £193 million (€225.8m). The UK commercial broadcaster attributed the figure to the the downturn in the linear ad market and its ongoing investment in streaming service ITVX. Total group revenues declined by 2 per cent to £4.3 billion, with total external […]

March 7, 2024

ITV reports growth in streaming, Studios

ITV has reported total revenue up 1 per cent at £2.97 billion (€3.4bn) in the first nine months of 2023 to September 30th, with growth in ITV Studios and M&E digital revenues offsetting the decline in linear advertising revenue. Total external revenue was flat at £2.53 billion. Carolyn McCall, ITV Chief Executive, commented: “ITV continues […]

November 8, 2023

ITV Q1 revenues down 7%

ITV has published its Q1 trading update for the 3 months to March 31st. Total external revenue was down 7 per cent to £776 million (€893.3 million). Carolyn McCall, ITV Chief Executive, commented: “ITV continued to make significant strategic progress in the quarter and all parts of the business performed in line with expectations. ITVX […]

May 11, 2023

ITV applies for renewal of licence

Following the publication of the draft Media Bill, ITV has confirmed that it has applied to Ofcom to begin the process of renewing the Channel 3 nations and regions licences in England, Border Scotland, Wales and Northern Ireland, as well as applying to renew the national Channel 3 breakfast licence. Earlier this year, ITV welcomed […]

May 4, 2023

Launch month success for ITVX

ITVX, ITV’s new, AVoD service, has enjoyed a strong launch month, delivering a 55 per cent increase in ITV’s streaming hours in the first month after its launch (December 8th, 2022 – January 7th, 2023) compared to the same period last year. During the launch month, ITV’s online users increased by 65 per cent compared […]

January 13, 2023By Colin Mann

ITV “mindful of uncertainty” as revenues rise 6%

ITV, the UK’s largest commercial broadcater, recorded revenues of £2.52 billion (€2.8bn) for the first nine months of 2022, a year-on-year increase of 6 per cent. Advertising revenues saw a 14 per cent drop in Q3, but with the World Cup on the horizon, ITV said it expected ad revenue to ease by 1-1.5 per […]

November 9, 2022

ITVX goes live on December 8

ITV has confirmed that its new streaming platform, ITVX, will roll out in the UK on December 8th. Replacing ITV Hub as the online home of all ITV content, ITV says that viewers can expect a new and improved product experience, as well as more new and exclusive programmes to stream for free. ITVX will […]

November 7, 2022By Nik Roseveare