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 [...]
Big Talk Studios: Bumper year for ITV-owned The Outlaws maker Business 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 snaps up majority stake in studio behind Sherlock and Men Behaving Badly MEDIA ITV has snapped up a majority stake in the TV production company behind smash hit shows including Sherlock, Men Behaving Badly and Amazon Prime's The Devil's Hour.
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.
Line of Duty maker doubles profit thanks to Netflix and BBC streaming deals June 3, 2024 The production company behind the likes of Line of Duty, The Diplomat and Bodyguard doubled its profit in 2023 thanks to deals with Netflix and the BBC.
Unforgotten season 6 maker enjoys bumper year ahead of popular ITV show’s return May 22, 2024 The television studio owned by ITV behind the latest series of popular detective drama Unforgotten enjoyed a bumper 2023 with its revenue rising to its highest level for eight years.
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.