London Report: FTSE hits brakes ahead of 14-year high as ITV drops May 14, 2014 THE FTSE 100 steadied near a 14-year high yesterday, despite broadcaster ITV falling 5.7 per cent after seeing its market share drop in the first four months of the year. ITV’s second-quarter guidance for net advertising revenue was just short of their 14 per cent forecast. The London index ended 0.08 per cent higher at [...]
ITV set to deliver first pay channel in June May 14, 2014 Broadcaster ITV has seen its total external revenues climb two per cent to £585m for the three months ended 31 March, with ITV Studios on course to deliver good revenue growth over the full year. The broadcaster said it was on track to launch ITV Encore in June, which will be followed by its new [...]
ITV makes $360m push into original reality TV May 7, 2014 BROADCASTER ITV continued its push into original content yesterday with the $360m (£212.2m) acquisition of a stake in Leftfield Entertainment – the producer of hit US reality TV shows including Pawn Stars, Real Housewives of New Jersey and American Restoration. The acquisition comes as ITV chief executive Adam Crozier finds himself in increasing hot water [...]
Why is ITV investing in Pawn Stars? May 7, 2014 Over the last 12 months ITV has spent nearly £300m on buying six television producers in a push to bolster its content creation arm, ITV Studios. Today the studio took an 80 per cent stake in Leftfield – the producer behind hit US reality TV shows including Pawn Stars, Real Housewives of New Jersey, and [...]
ITV Studios set to push new shows overseas April 28, 2014 ITV STUDIOS, the broadcaster’s production arm, is preparing to go head-to-head with the BBC in a battle for lucrative international sales of its original content. ITV’s Mr Selfridge has been sold to more than 150 countries and now the broadcaster is hoping to follow the success with two more 13-episode series designed to appeal to [...]
ITV boss Adam Crozier sees pay rocket to £8.4m March 20, 2014 ITV CHIEF executive Adam Crozier’s pay nearly trebled last year to £8.36m, from £2.9m a year earlier. The majority of the windfall was due to a share-based joining award from 2010 which has soared in value to £4m in line with the broadcaster’s fortunes under Crozier. “The level of vesting of both awards reflects the [...]
ITV rules out bid for Channel 5 as studio booms February 26, 2014 ITV YESTERDAY insisted it had no plans to bid for rival Channel 5, but said it was on the lookout for other acquisitions to add to its booming Studio business. Speaking as the broadcaster posted a 30 per cent rise in pre-tax profits to £435m for 2013, chief executive Adam Crozier said ITV would not [...]
ITV profits boom after best on-screen performance for a decade February 26, 2014 Broadcaster ITV has reported a jump in profits before tax of 30 per cent to £435m for the year ended 31 December. 2013 marked the fourth year in a row of double digit profit gains for the company. Growth in online, pay & interactive of 16 per cent drove broadcast and online revenues up by [...]
ITV takes a controlling stake in Teen Wolf producer DiGa Vision February 19, 2014 BROADCASTER ITV has taken a controlling stake in DiGa Vision, producer of US television series Teen Wolf. ITV yesterday announced that it will make a cash payment for a 51 per cent stake in DiGa Vision with a put and call option to buy the remainder of the company in between three and six years. [...]
ITV acquires the producer of hit US show Teen Wolf February 19, 2014 Broadcaster ITV has acquired a controlling stake in DiGa Vision, according to a corporate filing. DiGa is behind the hit show Teen Wolf, a reinvention of the 1985 film which is currently in its third season, and airs on MTV. ITV says that the acquisition represents a step forward in a strategy "of building a [...]