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ITV first-half ad revenue was boosted by England's Euro 2024 journey 26 JUL 2024

Markets

ITV first-half ad revenue was boosted by England's Euro 2024 journey

First half underlying earnings are up 40%. On one hand, we are confident of an increase in underlying earnings for the full year; on the other hand, we forecast flat advertising revenue in Q3. The growth in total ad revenue was offset by a decline in production business ITV Studios, which felt the impact of last year's U.S writers' and actors' strike.
Gracenote teams with major connected TV players  to optimize contextual ad targeting 25 JUL 2024

Apps

Gracenote teams with major connected TV players to optimize contextual ad targeting

New contextual categories powered by program-level Gracenote metadata available for Q4 campaigns with Cineverse, DIRECTV Advertising, Philo, Tastemade and Xumo to help buyers target key audiences at scale. Additionally, Gracenote has tapped Magnite, the largest independent omnichannel sell-side advertising company, as the first SSP to support and scale these new CTV categories.
USA: 62% of adults engage with video games 22 JUL 2024

Trends

USA: 62% of adults engage with video games

The 2024 report underscores gaming's popularity and highlights valuable cross-platform advertising opportunities for brands and publishers.
Global advertising revenues to hit U$D 1 trillion in 2026 16 JUL 2024

Forecasts

Global advertising revenues to hit U$D 1 trillion in 2026

The PwC Global Entertainment & Media Outlook 2024-28 projected the industry revenues to hit $3.4 trillion in 2028, representing double the revenues of 2020.
BBC Studios appointed Marcin Boroszko as Director of Ad Sales for CEE 8 JUL 2024

Corporate Moves

BBC Studios appointed Marcin Boroszko as Director of Ad Sales for CEE

As of July 1, the executive is responsible for developing and implementing innovative advertising sales strategies for the region and identifying new business opportunities across multiple platforms.