ITV Studios

ITV sees earnings plummet but highlights promise of ITVX

UK commercial broadcaster ITV has experienced a tough first half of the year, with ad revenues dropping and earnings plummeting. On the positive side, streaming platform ITVX is meeting its targets, with particular growth in light viewers. The broadcaster reported top line sales of £1.639 billion (US$2.116 billion), down 2%, driven lower by an 11% […]

ITV Studios sell-off rumours spike company share price

Speculation that UK media group ITV might sell off some or all of its production & distribution arm ITV Studios sent the company’s share price up by 8% on Monday. While it is highly unlikely that ITV would completely detach its legacy broadcasting business from its fast-growing studio operation, the spike in market valuation will […]

ITV Studios picks Whip Media for performance tracking

ITV Studios (ITVS) has struck a deal with Whip Media that will enable the distributor to track the performance of its content, in particular across its growing FAST channels operation. The Love Island and I’m A Celebrity distributor will use Whip’s platform to provide analytics for its shows and data that will inform content acquisition and programming decisions. The move follows ITVS’s shift […]

ITV Studios to launch pair of channels on Samsung TV Plus

ITV Studios has announced a partnership with Samsung TV Plus to launch two FAST channels in Europe. The pair includes a channel dedicated to US cooking competition Hell’s Kitchen, while the other is a European drama-oriented channel called Storylands. The latter will serve as the home for European drama produced by labels which are a […]

BritBox confirms South Africa rollout for August 6

BritBox has confirmed its expansion into South Africa for August 6. Announced earlier this year as part of a wider international push, the SVOD will enter its fifth worldwide territory, following successful launches in the US & Canada, the UK and Australia. The streamer will cost R99.99 per month for South African audiences, while customers […]

Positive streaming sales for ITV Studios

ITV Studios, the production and distribution arm of UK comcaster ITV, increased its sales to streamers by 84% over the first half of 2021, according to ITV’s H1 report, published today. The company said it was on track to double its revenue from streaming platforms this year, as compared to 2020, with the studio working […]

UK’s ITV restructures to focus on streaming, with Kevin Lygo taking new role

UK commercial broadcaster ITV is to restructure its business around streaming and has named the key execs to head a new unit to drive the strategy. The ‘media and entertainment division’ includes two new arms, with a broadcast side focused on achieving mass simultaneous reach via linear and an on-demand team exploring digital product development […]

ITV to commission AVOD originals and eyes more BritBox coproductions

ITV CEO Carolyn McCall has said the UK commercial broadcaster will start to commission original programming for its AVOD service ITV Hub and has talked up co-production opportunities for its joint venture streamer BritBox. McCall, who has had to steer ITV through a huge revenue drop over the past six months since the pandemic started, […]

ITV furloughs 800 as ad revenues dip by 42%

UK commercial broadcaster ITV has revealed the immediate impact of the Covid-19 crisis on its business, with around 800 staff furloughed and advertising revenues slumping 42% in April. The FTA operator, which cancelled its ratings juggernaut Love Island earlier this week, broke the news in its first quarter trading update but said the ongoing uncertainty […]

ITV sees strong growth in online revenue and Studios

ITV has released a trading update ahead of its earnings report, revealing that its revenue has risen by 5%, driven by 11% growth in ITV Studios revenue and 41% in online revenue. ITV chief Carolyn McCall (pictured) revealed that total external revenue is up 5% at £772 million (€882 million), up from £734 million at […]