ITV
ITV plc (LON:ITV)’s first half underlying revenue rose 8% to £1.7bn, reflecting better than expected growth across ITV Studios and Media & Entertainment. Increased revenue was offset by increased investment in the new streaming project, ITVX. Underlying pre-tax profit was flat at £301m. ITV is “mindful of macroeconomic and geopolitical uncertainty” and expects Total Advertising Revenue (TAR) to fall 9% in July and 18% in August compared to the previous year. This is broadly in-line with expectations and partly reflects tough comparisons with last year when the group broadcast the Euros. Q2 202...
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Total first quarter revenue rose 17% to £1.0bn, with double digit growth across Media and Entertainment and ITV Studios. Second quarter total advertising revenue is expected to fall 6%, as ITV plc (LON:ITV) laps last year’s Euro Football championships. The group also warned it’s mindful of macroeconomic and geopolitical uncertainty. ITV’s on track to launch its free, ad-funded streaming service, ITVX, in the final quarter. The group expects this to generate at least £750m of revenue by 2026. Q1 2022 hedge fund letters, conferences and more The shares rose 1.5% following the announcement. ITV's...
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“ITV plc (LON:ITV) has tuned into a picture of recovery with half year advertising revenues to the end of June bouncing back by 29%, as all eyes turned on screens for the summer blockbusters. Adjusted group profits jumped by 98% to £327 million as productions started rolling again and ad campaigns restarted. Given the crisis faced by the broadcaster during the depths of the pandemic, a bounce back was expected but the trajectory is sharper than some expectations and that has helped boost the share price in early trading. Q2 2021 hedge fund letters, conferences and more The Euros Help ITV Pull ...
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Prince William says Prince George is like a "caged animal" when he can't go outside.The Duke of Cambridge has revealed his eldest son loves being outdoors and "needs" that time to run about.Speaking in his upcoming ITV documentary, 'Prince William: A Planet For Us All', said: "Seeing my children, seeing the passion in their eyes and the love for being outdoors. They find a bug or they love watching how bees are forming honey. George, particularly, if he’s not outdoors, he’s quite like a caged animal. He needs to get outside."Meanwhile, Prince William - who also has Princess Charlotte, five, an...
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