ITV revenues remain stable

Overall revenues at ITV were £1.9bn (€2bn) compared with £2bn a year earlier. The broadcaster reported an adjusted profit of £108m, a 4% decrease year-on-year.

Interim CEO John Creswell was bullish. He said: “We won back share of the TV advertising market, grew our audiences in peak time and online, and increased our international production presence. We took out costs of £169m, substantially reduced our headcount and lowered net debt by over £100m.” Adam Crozier will take over as CEO next month.