ITV beats expectations despite profits dip, as streaming and Studios deliver Media ITV has delivered half year results ahead of expectations, bolstering confidence in its turnaround strategy despite a sharp fall in profits. Growth in digital advertising and continued momentum at ITV Studios offset tough comparisons with last year’s advertising period during the men’s Euros. The FTSE 250 broadcaster reported a 31 per cent drop in group [...]
ITV sells Britbox stake to BBC for £255m to fund share buyback Media ITV has offloaded its entire 50 per cent stake in the digital subscription streaming service, BritBox International, to BBC Studios.