ITV reports revenue drop due to ‘challenging’ advertising market March 7, 2024 The group reported 19 per cent growth in digital revenue, which offset a 15 per cent in linear advertising, a result of the "challenging advertising market."
Will Love Island creator ITV be a tough watch for investors next week? March 2, 2024 Analysts expect a three percent decline in ITV's sales to £3.6bn and a sharp drop in pre-tax profit of over 40 per cent to £272m.
ITV sells Britbox stake to BBC for £255m to fund share buyback March 1, 2024 ITV has offloaded its entire 50 per cent stake in the digital subscription streaming service, BritBox International, to BBC Studios.
ITV: Mayfair hedge fund snaps up stake as broadcaster grapples with ‘ad recession’ February 13, 2024 A secretive Mayfair-based hedge fund has snapped up a stake in ITV today as the broadcaster struggles with an "advertising recession" and a sharp slump in its share price.