ITV sees record advertising but streaming competition still a big threat
The broadcaster plans to pour £1.1bn in its programming content next year but streaming giants may have deeper pockets
Company
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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The broadcaster plans to pour £1.1bn in its programming content next year but streaming giants may have deeper pockets
Total advertising revenue for the full year 2021 is expected to be the highest in the broadcaster's history
The UK blue chip index remains in positive territory while US investors assess latest consumer price figures, the highest since 1990
Feel recently announced an equity partnership with singer and TV personality Cheryl, who is working closely with the brand on its future products
Come Dine With Me, I’m A Celebrity… Get Me Out of Here! and other formats may soon be shipped to the other side of the Atlantic
The broadcaster said it has acquired a stake worth £1.25mln in the site, which allows UK households to save money on their bills through their current supplier rather than switching
The TV channel is skipping the interim dividend but expects a strong rest of the summer
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The UK's premier share index finished the day down 0.70, or 0.01%, at 7,124, well below the session peak of 7,152 and nearer the low of 7,116
The show has already raked in £12mln from advertisers
The broadcaster has reportedly received £12mln in revenues from companies seeking ad space and sponsorship opportunities around the series, which is due to begin airing on Monday
The new rules mean adverts for foods high in sugar, salt and fat will not be allowed on TV before 9pm, while restrictions will also be brought in for online advertising
There are also results due from DS Smith, Gear4Music, Trackwise Designs and Trifast
The UK’s advertising market will grow by 24% in 2021 according to the latest research
Culture Secretary Oliver Dowden said a decision on whether to privatise the broadcaster could be taken within this parliament.
ITV expects first-half ad revenues will be up around 26%
What3words divides the entire world into three-metre squares each with a unique three-word identifier code and is used by multiple auto and delivery firms as well as emergency service control rooms in the UK, India and South Africa
The bank estimated that over the current year the FTSE 250 broadcaster should see advertising growth of 8% compared to previous estimates of 6%
The digital platform is set to launch on Amazon and in South Africa during 2021
Advertising spend is expected to be higher in the final quarter of 2020
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A number of household names feature in Thursday's diary.