ITV Says Studios Biz Has Hit “Key Strategic Goal” But Full-Year Revenue At 70-Year-Old Broadcaster Stays Flat [Yahoo! Finance]
ITV PLC UNSP/ADR (ITVPY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
With the publication of its annual results this morning, CEO Carolyn McCall said ITV has hit a “key strategic goal.” ITV Studios, plus its digital Media & Entertainment (M&E) biz, now accounts for two thirds of overall total revenue, she added. More from Deadline 'Lord Of The Flies' Star David McKenna On Bringing Piggy To Life In A World Of Chaos & His Dreams Of Making It To London's West End Cannes Film Festival Sets Date For Announcement Of 2026 Official Selection Julia Fox Signs With UTA Revenue at ITV Studios once again outgrew the wider broadcasting business at ITV last year, the results revealed. ITV Studios, which makes and sells the likes of Love Island and Hell's Kitchen, posted a revenue rise of 5% to £2.13B ($2.84B), with “external revenue” – shows made outside ITV – shooting up by a heftier 10%, although revenue from the U.S. actually declined by 18%. Adjusted EBITA remained flat for ITV Studios. ITV Studios, which is run by Julian Bellamy, would also have b
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