ITV Q3 Revenues Down YoY But Ad Market Is Recovering & Production Back On Track

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ITV’s Q3 trading update shows continued difficulty with revenues down 16% year-on-year at £1,860m (2019: £2,209m) for the nine months to September 30. There are signs of recovery after a vastly cha…

’s Q3 trading update shows continued difficulty with revenues down 16% year-on-year at £1,860m for the nine months to September 30.

The company’s chief executive Carolyn McCall said it was forecasting Q4 ad revenue to be slightly up year on year. ITV also touted the success of BritBox, saying it had 1.5 million U.S. subscribers and was continuing to roll out internationally, with Australia imminent. It added the next BritBox UK original would be available in H1, 2021.

 

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