ITV ‘no longer’ exploring £1bn bid for Fleabag maker All3Media July 14, 2023 ITV has pulled out of a potential acquisition of All3Media, amid concerns any deal would not represent fair value for money.
ITV ‘actively exploring’ Traitors producer All3Media acquisition June 16, 2023 Broadcaster ITV has confirmed it is “actively exploring” an acquisition of Traitors producers All3Media. It follows reports the TV channel was seeking to buy the production company from its joint owners Warner Bros Discovery Inc., which is facing a debt issue, and Liberty Global. The business would be combined with ITV’s Studios unit, according to [...]
Schofield affair ‘deeply inappropriate’ but ITV boss tells MPs there was no evidence June 14, 2023 Phillip Schofield’s affair with a young male colleague on This Morning was “deeply inappropriate”, the ITV chief executive has told MPs. Dame Carolyn McCall faced questions from MPs about Schofield’s exit during Wednesday morning’s Culture, Media and Sport Committee session in Parliament. She said the “imbalance of power… dynamics” made the relationship “deeply inappropriate”, and [...]
Phillip Schofield: I have ‘lost everything’ after the affair June 2, 2023 Phillip Schofield said he has “lost everything” in the wake of his affair with a younger male colleague and told of a “catastrophic effect” on his mind. The former This Morning presenter, 61, said the fallout from the revelations had been “relentless” and urged the media to leave his former lover “alone now”. Speaking to [...]
FTSE 100 Live: London markets fall following Bank of England’s interest rate decision May 11, 2023 London’s FTSE 100 index fell this afternoon following the Bank of England’s latest interest rate decision, when the Bank’s base rate was lifted by 25 basis points. The capital’s premier index fell 0.64 per cent to 7,691.42 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]
ITV: Love Island and I’m A Celeb help maker reports 10 per cent ad revenue drop – and warns it’s only getting tougher May 11, 2023 ITV is looking for Love Island and the Rugby World Cup to boost revenues, which fell 10 per cent year on year in the first quarter. The broadcaster revealed a 10 per cent drop in advertising revenues and warned trading will get tougher in the second quarter as firms rein in marketing spend against a [...]
Can Amazon Prime, Netflix and the streamers survive the UK’s recession fears? April 20, 2023 The number of British households signed up to streaming platforms has slumped so far this year, as more cash-strapped viewers trim their subscriptions to cut costs. The number of homes subscribed to at least one video streaming platform fell to 16.1 million between January and March this year, down from 16.91 million during the same [...]
Death of the Queen forced ITV to ditch Spitting Image episodes and take £9m hit March 21, 2023 ITV says it was forced to write off episodes of Spitting Image featuring the Queen following the monarch’s death last year – at a cost of £9 million. The broadcaster said the episodes “could not be effectively edited” following the news, and it was “highly unlikely” they would ever be screened. The figures were revealed [...]
ITV’s revenue up and profit down as I’m a Celeb broadcaster invests heavily in streaming and on-demand TV March 2, 2023 ITV had a mixed 2022 thanks to “deliberate strategic actions”, as revenue went up almost seven per cent while profit dipped due to lower advertising intake. The TV channel and on-demand service reported studio revenue of more than £2bn, a 19 per cent rise on 2021 by more than £300m. Its total group revenue was [...]
ITV’s Love Island channel ITVX is winning over investors and ‘landing well’ with advertisers January 13, 2023 Streaming service ITVX triumphs in the first month following its launch, attracting viewers and advertisers alike and improving sales parent company ITV said. The free ad-supported platform has boosted ITV’s streaming hours by 55 per cent year on year, lifted by consumer demand during December’s FIFA World Cup in Qatar. Excluding World Cup coverage, streaming [...]