Menu
27/04/2010
Work Begins For New ITV Chief
Adam Crozier, the new ITV Chief Executive, has taken up his new post and hopes to turn ITV's fortunes round for the better.
The former head of Royal Mail, and having earlier presided over the Football Association, Mr. Crozier has taken over the throne of Michael Grade who announced his intentions to stand down as Executive Chairman of the broadcaster last April.
Mr. Crozier managed to revive the fortunes of Royal Mail, but it was not without controversy.
Last year postal workers took to the picket line in protest at efficiencies and streamlined systems, which they say put jobs in jeopardy.
Now with ITV in his grasp Crozier having recognised the "entire media sector going through enormous change", is looking at a major revamp.
Plans at this stage are yet to be laid out but it is understood that he is under pressure to reduce ITV’s reliance on advertising and revive ITV Studios.
Other possible changes include; increasing digital revenue, fighting regulation such as the Contract Rights Renewal Scheme and targeting a more middle class audience.
Picking up on Chairman Archie Norman's strategic review, set out in February, he is expected to put new emphasis on in-house produced content.
Upon his appointment Mr Norman commented: "Adam is a very strong leader with a great track record in delivering transformational change."
Mr Crozier's biggest challenge will be to boost advertising revenue for station's channels, amid increasing competition from Sky and other digital TV providers.
(BMcN/BMcC)
The former head of Royal Mail, and having earlier presided over the Football Association, Mr. Crozier has taken over the throne of Michael Grade who announced his intentions to stand down as Executive Chairman of the broadcaster last April.
Mr. Crozier managed to revive the fortunes of Royal Mail, but it was not without controversy.
Last year postal workers took to the picket line in protest at efficiencies and streamlined systems, which they say put jobs in jeopardy.
Now with ITV in his grasp Crozier having recognised the "entire media sector going through enormous change", is looking at a major revamp.
Plans at this stage are yet to be laid out but it is understood that he is under pressure to reduce ITV’s reliance on advertising and revive ITV Studios.
Other possible changes include; increasing digital revenue, fighting regulation such as the Contract Rights Renewal Scheme and targeting a more middle class audience.
Picking up on Chairman Archie Norman's strategic review, set out in February, he is expected to put new emphasis on in-house produced content.
Upon his appointment Mr Norman commented: "Adam is a very strong leader with a great track record in delivering transformational change."
Mr Crozier's biggest challenge will be to boost advertising revenue for station's channels, amid increasing competition from Sky and other digital TV providers.
(BMcN/BMcC)
Related UK National News Stories
Click here for the latest headlines.
28 January 2010
New ITV Chief Appointed
Adam Crozier has been appointed Chief Executive at ITV. Mr Crozier is the current head of Royal Mail, having earlier presided over the Football Association. ITV boss Michael Grade announced his intentions to stand down as Executive Chairman of the broadcaster in April.
New ITV Chief Appointed
Adam Crozier has been appointed Chief Executive at ITV. Mr Crozier is the current head of Royal Mail, having earlier presided over the Football Association. ITV boss Michael Grade announced his intentions to stand down as Executive Chairman of the broadcaster in April.
21 November 2006
ITV rejects merger approach by NTL
The Board of ITV has rejected a merger proposal from NTL as one with "little strategic logic." In a statement, the Board said it believed that "whereas there is obvious appeal to NTL in gaining control of ITV's substantial and successful business, from ITV's perspective there is little, if any, strategic logic for ITV to combine with NTL.
ITV rejects merger approach by NTL
The Board of ITV has rejected a merger proposal from NTL as one with "little strategic logic." In a statement, the Board said it believed that "whereas there is obvious appeal to NTL in gaining control of ITV's substantial and successful business, from ITV's perspective there is little, if any, strategic logic for ITV to combine with NTL.
13 May 2004
SMG settles differences with ITV over digital rights
Following the recent sale of the Scottish Media Group's (SMG) 25% GMTV stake to ITV plc, the two companies have reached an agreement on the use of the ITV brand name and the use by ITV plc of SMG's digital spectrum in Scotland.
SMG settles differences with ITV over digital rights
Following the recent sale of the Scottish Media Group's (SMG) 25% GMTV stake to ITV plc, the two companies have reached an agreement on the use of the ITV brand name and the use by ITV plc of SMG's digital spectrum in Scotland.
30 October 2009
New Look For ITN
ITV News will unveil a new look across all of its national programmes from Monday, which will be supported by a major on and off-air marketing campaign promoting news throughout the schedule.
New Look For ITN
ITV News will unveil a new look across all of its national programmes from Monday, which will be supported by a major on and off-air marketing campaign promoting news throughout the schedule.
27 February 2013
ITV Report 6% Pre-Tax Profit Rise
ITV have reported pre-tax profits of £348m in 2012, a rise of 6%. It is the third year of “double-digit earnings growth” for the broadcaster, chief executive Adam Crozier said. Having ended the year with net cash of £206m, the broadcaster will pay a full-year dividend of 2.6p and a special dividend of 4p.
ITV Report 6% Pre-Tax Profit Rise
ITV have reported pre-tax profits of £348m in 2012, a rise of 6%. It is the third year of “double-digit earnings growth” for the broadcaster, chief executive Adam Crozier said. Having ended the year with net cash of £206m, the broadcaster will pay a full-year dividend of 2.6p and a special dividend of 4p.
-
Northern Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
