Tag: ITV plc

While linear advertising revenues were down at ITV plc, the company said its results for the first nine months were fairly stable at £2.97 billion ($3.6 billion) thanks to gains at ITV Studios and in digital.

Total external revenues at ITV plc fell by 7 percent in Q1 to £776 million ($976.5 million), largely as a result of a weakened ad market.

ITV plc expects revenues at ITV Studios this year to outperform pre-pandemic levels, reporting a 16 percent gain to £1.4 billion for the first nine months of the year.

Revenues at ITV plc were up 18 percent to £834 million ($1.03 billion) in the first quarter, including a 16 percent gain in advertising revenues.

Group external revenues at ITV plc fell by 7 percent in the first half to £1.5 billion ($1.8 billion) as the company faces an "uncertain" economic and political climate.

Double-digit gains at ITV Studios helped to drive a 6-percent boost in revenues to £2.26 billion ($2.97 billion) at ITV plc for the first nine months of the year.

Revenues at ITV plc gained 5 percent in Q1, boosted by the performance of its production and distribution division and online revenues.