ITV facing cuts as advertisers switch away from TV to digital
Two-thirds of advertisers are reportedly planning to cut spending on television advertising
Company
ITV PLC
LON:ITV
ITV PLC is a United Kingdom-based advertising funded broadcaster. The Company also operates as an advertising funded media owner in the United Kingdom across all media, including television, radio, press, cinema, outdoor and the Internet. As a producer, ITV makes hours of network television. Its digital channels include ITV2, ITV3, ITV4 and Citv. ITV also makes programmes for the BBC, Channel 4, five, Sky and other broadcasters. ITV produces programmes watched on screens from San Francisco to Sydney. In addition, it produces a range of products related to ITV programmes, such as digital video disks (DVDs) and computer games. Its online properties include itv.com and itvlocal.com.
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ITV slides as advertising guidance disappoints
There "remains a high degree of economic uncertainty" about the ad market, the broadcaster said
ITVs World Cup streaming can change how we watch sports
ITVX a new streaming service from ITV could allow the World Cup to be a winner for both viewers and advertisers
ITV offers big upside ahead of Qatar World Cup despite deteriorating ad market - broker
Revenues for the past quarter are predicted by UBS to have fallen 3% but the football in Qatar starts on 20 November
ITV jumps 10% on reports it is considering selling a stake in studios
ITV Studios may be worth more than its parent company, which is now valued at £2.7bn following its advance on Monday, according to many analysts
ITV meets expectations and looks forward to launch of streaming service
ITV also reported a statutory profit before tax of £219mln, up from £133mln previously
ITV needs to prove it a buy with recession looming
Half year advertising revenue is expected to 5% higher compared to 12 months prior
ITV shares fall despite regulatory review of increasing ad breaks
“Having longer ad breaks could certainly move the dial for its earnings," an analyst said
ITV: Investors in natural history production company set to share £85.5mln windfall
Plimsoll Productions was founded by Grant Mansfield, who was responsible for I'm A Celebrity
ITV expands into factual programming with Plimsoll Productions purchase
The Bristol-based production company made full-year underlying earnings of £10mln and it is forecast to generate £5.5mln in the first half of 2022
ITV: Avoid temptation, says Barclays Capital
The investment bank reiterated its neutral advice after the broadcasters Q1 update
ITV first-quarter ad revenue beats expectations
Ad sales were up 15% in January, 20% in February and 15% in March
FTSE 100 closes with triple-digit gain; Wall Street mixed as US inflation eases slightly to 8.3%
At the close, the UK blue-chip index was 104.44 points, or 1.4% higher at 7,347.66, just below the day’s peak of 7,349.70 and well above the early session low of 7,238.97
Compass and ITV in the spotlight for Wednesday
Compass and ITV are among the notable names in the diary for Wednesday.
ITV needs to hit right notes after streaming launch falls flat
The Masked Singer maker will release a first-quarter trading update on Wednesday, with a dire reaction to its last numbers
ITV appoints new chairman-to-be
Kingfisher chair Andrew Coslett is expected to help the board with its digital acceleration push
ITV’s new video on demand platform and why this leading bank has downgraded after only six weeks
Analysts had been bullish in a note in January 28
ITV slumps as investors remain wary about streaming revolution
Shares dipped 17% at one point despite record advertising revenue and ambitious, revamped streaming strategy
ITV shares plummet despite record revenues
Share down 17% as fears grow that ITV has reached ceiling amid digital transformation
City pours cold water on ITV’s parade
After yesterday's market euphoria, analysts are today less convinced.