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ITV Studios sets stage for record profits despite challenges in Q3 2024 7 NOV 2024

Production

ITV Studios sets stage for record profits despite challenges in Q3 2024

The company presented its Q3 trading update for 2024, as it remains optimistic about future growth and profitability, buoyed by ITV Studios’ strong Q4 expectations and the continued expansion of ITVX.
UK: Diversity levels are on the rise, but there is still work to be done 16 SEP 2024

Trends

UK: Diversity levels are on the rise, but there is still work to be done

Creative Diversity Network’s seventh annual report highlights ongoing challenges and progress in UK television diversity.
UK’s ITV to cut 200 jobs amid ad sales slowdown 22 MAY 2024

Corporate Moves

UK’s ITV to cut 200 jobs amid ad sales slowdown

It´s a consequence of the downturn in advertising market.The company had reported a recovery in the ad market in these results, but the damage has already been done, with McCall previously describing the downturn as the worst since the financial crisis.
ITV's Q1 revenues fell by 16%, affected by Hollywood strikes 9 MAY 2024

Corporate Moves

ITV's Q1 revenues fell by 16%, affected by Hollywood strikes

Total ITV Studios Q1 revenue was down 16%, reflecting the phasing of deliveries and the expected impact of the US writers’ and actors’ strike, while total ITV Studios revenue for FY24 is expected to be broadly flat.
ITV registered drop in profits amid decline in TV advertising 7 MAR 2024

Production

ITV registered drop in profits amid decline in TV advertising

The company presented the 2023 financial results and reported a 60% decrease in profits related to the decrease in advertising.