Group revenues declined to €840 million in Q2, adjusted EBITDA dropped 40% to €55 million, but executives expect ad sales to rebound in H2 and reaffirm full-year guidance.
The event is the only dedicated brand licensing event in Saudi Arabia, bringing together global IP owners, regional licensees, manufacturers, retailers, and entertainment companies.
The company is conceived as a purpose-driven 360° IP ecosystem, seamlessly integrating four core pillars, studios, drama, live and gaming & interactive.
The Scottish media company has issued a profit warning as commissioning and advertising markets continue to weaken. Despite challenges, STV remains committed to its strategic transformation and long-term goals.