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09/03/2005
ITV profits rocket despite dwindling audience share
ITV plc has reported a 57% rise in profits at the end of the first full year since it was spawned from the merger of Granada and Carlton - pre-tax profits for the group were £340 million.
ITV 1, the central plank of the regional broadcasters business, has seen its audience share fall by 2% over all, but a £120 million efficiency drive has helped pare down costs.
Charles Allen, Chief Executive of ITV said: “ITV has had an outstanding first year, delivering substantial growth in turnover which combined with cost savings has delivered a 49% increase in pro forma operating profit. We have built a vibrant multichannel proposition and have a clear strategy for future growth.”
The stronger than expected results for ITV as a whole are due to the success of digital channels ITV2 and ITV3, and an impressive 4.7% growth in advertising revenue.
(GB)
ITV 1, the central plank of the regional broadcasters business, has seen its audience share fall by 2% over all, but a £120 million efficiency drive has helped pare down costs.
Charles Allen, Chief Executive of ITV said: “ITV has had an outstanding first year, delivering substantial growth in turnover which combined with cost savings has delivered a 49% increase in pro forma operating profit. We have built a vibrant multichannel proposition and have a clear strategy for future growth.”
The stronger than expected results for ITV as a whole are due to the success of digital channels ITV2 and ITV3, and an impressive 4.7% growth in advertising revenue.
(GB)
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02 February 2004
ITV shares now trading on London Stock Exchange
ITV plc, the company formed by the merger of Carlton and Granada, has launched its shares on the London Stock Exchange. All dealing in Carlton and Granada shares closed on Friday, while ITV plc shares opened at 141 pence, reaching 146.25p by 4pm.
ITV shares now trading on London Stock Exchange
ITV plc, the company formed by the merger of Carlton and Granada, has launched its shares on the London Stock Exchange. All dealing in Carlton and Granada shares closed on Friday, while ITV plc shares opened at 141 pence, reaching 146.25p by 4pm.
13 October 2014
UKIP Leader To Be Included In Televised Debate
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UKIP Leader To Be Included In Televised Debate
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08 August 2006
ITV chief Allen to leave broadcaster
ITV plc Chief Executive Charles Allen has announced that he is to leave the broadcasting giant. Finance Director John Cresswell will be appointed interim CEO from 1st October and that Allen will "work to facilitate an orderly transition". The search for a permanent successor is starting immediately and headhunters are being appointed.
ITV chief Allen to leave broadcaster
ITV plc Chief Executive Charles Allen has announced that he is to leave the broadcasting giant. Finance Director John Cresswell will be appointed interim CEO from 1st October and that Allen will "work to facilitate an orderly transition". The search for a permanent successor is starting immediately and headhunters are being appointed.
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.
03 March 2011
ITV Profits Gets X Factor Boost
There has been a major profits surge for the commercial broadcaster, ITV. It has reported that pre-tax profit almost tripled last year to £321m thanks to a market-beating 16% boost in TV ad revenues, but its programme making division struggled as earnings dropped more than 10%. ITV reported total revenues up 10% to £2.
ITV Profits Gets X Factor Boost
There has been a major profits surge for the commercial broadcaster, ITV. It has reported that pre-tax profit almost tripled last year to £321m thanks to a market-beating 16% boost in TV ad revenues, but its programme making division struggled as earnings dropped more than 10%. ITV reported total revenues up 10% to £2.
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