The U.K. government has outlined its plans to overhaul the country's public-service broadcasting laws, promising to create a new "golden age of British TV."
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ITV is pledging to reserve £80 million ($105 million) of its content commissioning budget over the next three years to drive change toward racial equity and disability equity.
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ITV, STV and Livewire Pictures have teamed with the Disasters Emergency Committee (DEC) and the media and entertainment group Global to stage the Concert for Ukraine broadcast to raise money for humanitarian aid on March 29.
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ITV reported 2021 revenues of £3.45 billion ($4.6 billion), a 24 percent gain on 2020, and has unveiled a new streaming service, ITVX, that will feature AVOD and SVOD tiers.
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ITV has signed a deal with WarnerMedia International Television Distribution that will make it the exclusive free-to-air home of programs such as The Sex Lives of College Girls in the U.K.
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ITV is looking to ramp up commissions of youth-skewing scripted and factual, with plans to premiere some content on-demand first on the ITV Hub.
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Total external revenues at ITV fell by 16 percent to £2.8 billion ($3.9 billion) in 2020 due to the Covid-19 pandemic, with ad revenues down 11 percent and ITV Studios revenues falling 25 percent.
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Delivering ITV's Q3 trading update, Chief Executive Carolyn McCall said there have been "encouraging signs" in its broadcasting and studios divisions, with fourth-quarter ad revenues expected to see a year-on-year increase.
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