While total external revenue rose 2% to £1.65 billion, ITV Studios grew 9% year-on-year to reach £1 billion in revenue, offsetting a 9% drop in total advertising revenue and flat performance from digital platform ITVX.
The name change comes just months after Madgic acquired a majority stake in the youth-focused distribution company, which also includes the animation studio Zephyr Animation.
Through these four diverse and high-caliber works, Mediawan reaffirms its leadership and versatility across genres, formats, and international markets.
The demand is geared toward premium programming, particularly blue-chip documentaries focused on ancient history and compelling "history-mystery" series.