ITV shares jump as it emerges as a takeover target by private equity Business ITV has emerged as a possible takeover target by private equity giants including CVC Capital Partners amid an ongoing dip in its share price, according to reports. There are reportedly a variety of private equity bidders circling the UK’s largest terrestrial commercial broadcaster, Sky News revealed. These included CVC Capital Partners with a major European [...]
ITV: Shares drop after revenue plunges at production arm Media A drop in revenue at ITV studios due to the ongoing effect of the US writers’ strike has pulled profit down, with cost savings and an increase in advertising revenue failing to offset the fall. The company’s share price fell nearly eight per cent in early trades. Group revenue in the first nine months of [...]
US election timings: Your guide to watching the results Politics After months of a closely fought battle, one of the most unpredictable US election campaigns in generations is drawing to a close. Polls have opened stateside and Donald Trump and Kamala Harris are still neck and neck, as voters begin to cast the ballots for the Republican or Democrat parties. For UK watchers, following the [...]
Post Office: MPs to hold inquiry into compensation ‘unfinished business’ October 31, 2024 MPs are set to launch an inquiry into the “unfinished business” of financial redress for victims of the Post Office Horizon scandal. The business and trade committee will hold a short probe focused on “fast and fair redress” for those affected by what has been dubbed the biggest miscarriage of justice in UK history. It [...]
DP World: Ministers had ‘conversation’ to salvage investment after row October 13, 2024 Ministers were forced to “have a conversation” with executives from DP World to secure its investment after a senior minister referred to one of its subsidiary P&O Ferries a “rogue operator”, the business secretary has said. Business secretary Jonathan Reynolds said the investment – which was reportedly put in jeopardy following the scathing criticism of [...]
Ofcom launches review as online news overtakes TV for first time September 10, 2024 Ofcom’s annual study shows that 71 per cent of adults in the UK now get their news online, just pipping the 70 per cent that get it on the box.
Big Talk Studios: Bumper year for ITV-owned The Outlaws maker September 2, 2024 Revenue and profit both surged at Big Talk Studios, which helped make the likes of Shaun of the Dead and Hot Fuzz, during 2023. The business, which was founded by Nira Park in 1994, led by CEO Kenton Allen since 2008 and acquired by ITV Studios in 2013, has reported a revenue of £35.7m for the 12 [...]
ITV profit rises after ‘very successful’ period with Euro 2024 and Love Island July 25, 2024 ITV said its studios business, which has produced TV shows such as Mr Bates vs the Post Office, is expected to deliver record annual profit.
Behind the companies turning goals into gold at Euro 2024 July 17, 2024 England may have fallen at the final hurdle, but Ali Lyon says advertising agencies and broadcasters enjoyed a very fruitful tournament at Euro 2024 Adidas’s flagship advert for this year’s European Championships had all the raw ingredients to pluck on the archetypal England fan’s heartstrings effectively. In Jude Bellingham it had a protagonist who was [...]
‘Nothing like it’ – England’s Euro 2024 run gives UK broadcasters a much-needed boost July 15, 2024 The Euros may be over, but the tournament will have left a sweet taste in the mouth advertisers and broadcasters - unlike England fans.