Advertising outlook clouds picture at ITV March 1, 2019 | City Talk There's excitement over plans for BritBox, but advertising trends at ITV still make uneasy viewing. ITV (LSE:ITV) has a strategy which is delivering the required results, even though in the very near term the company's own outlook is more guarded. The inevitable culprit is Brexit, as advertisers become less willing to commit to an expensive, [...]
ITV and BBC announce online streaming service to rival Netflix February 27, 2019 ITV has reported boosted revenue this morning as the broadcaster announced it is in final talks with the BBC to launch Netflix rival Britbox. The figures Total external revenue was up three per cent to £3.2bn and total non-advertising revenues grew five per cent to £1.9bn, ITV said in its full-year year results for [...]
Brexit minister denies that delaying Article 50 is government’s strategy February 13, 2019 Brexit secretary Stephen Barclay has pushed back against claims that the UK faces a choice between Theresa May's withdrawal agreement or a delay to Brexit. Last night, ITV reported that the Prime Minister’s chief negotiator, Olly Robbins, said MPs would be forced into a last-minute choice between May’s deal or a delay to Article 50, in [...]
Broadcast TV advertising ‘at the tipping point’ as viewers switch to streaming, report finds January 31, 2019 Traditional TV advertising is approaching a tipping point as sliding viewing figures cast doubt on the cost-efficiency of TV campaigns, a new report has found. A report by media consultancy Ebiquity has forecast a decline in TV ad viewing among adults of 15 to 20 per cent by 2022. These figures increase to 30 per [...]
It’s the end of Veganuary, but food retailers need to support vegans all year round and not treat them like just another trend January 28, 2019 January is often a month when we try new things, and attempt to abstain from old habits. It started with new year’s resolutions. Then people started to try “Dry January”, forgoing alcohol for the whole month to make up for overindulging at Christmas. The concept has evolved, and now we have “Veganuary”, where people challenge [...]
MPs slam BBC for not acknowledging pay discrimination problem January 23, 2019 The BBC is facing fresh criticism over pay equality after the government slammed the broadcaster’s response to its report published in October. The Department for Digital, Culture, Media and Sport (DCMS) today blasted the BBC for not acknowledging the problem of equal pay within the organisation. Read more: BBC executive Jackie Edwards tapped to head new [...]
FTSE 100 index rises on hopes of US – China trade war breakthrough January 18, 2019 The FTSE 100 is up more than one per cent this morning on hopes of a breakthrough in trade talks between the US and China. The index was boosted by hopes of progress in the trade war, which were sparked by news reports suggesting that the US is considering reducing tariffs on Chinese imports. Read more: Markets lift [...]
ITV shares tumble after bearish investor note casts doubt on ad revenues January 17, 2019 ITV led the FTSE 100 fallers today after Bank of America Merrill Lynch analysts slashed their target price for the broadcaster amid fears of declining advertising. Shares in ITV fell almost seven per cent after the bank changed its rating from buy to underperform and cut its target price from 210p to 110p. Read more: UK [...]
ITV pulls the plug on Brexit debate between Theresa May and Jeremy Corbyn December 7, 2018 ITV has joined the BBC in pulling out of hosting this weekend’s proposed Brexit debate, with the Conservatives and Labour again unable to agree on how to structure the televised debate. ITV said it “invited the Prime Minister and leader of the opposition to appear in an ITV programme this Sunday evening, and we have been [...]
May faces contempt of parliament threat from Labour as Brexit legal advice leaks December 2, 2018 Theresa May is facing one of the greatest clashes of her premiership as MPs from across parliament contemplate accusing her of contempt of parliament over her refusal to publish legal advice she has received on Brexit. MPs may move against the Prime Minister tomorrow, with figures from the DUP, Labour, Liberal Democrats and SNP planning [...]