U.K. Broadcaster ITV, Production and Distribution Company ITV Studios Post Q3 Revenues

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British public service broadcaster ITV has posted its Q3 revenues, which are up by 6%. Revenues for ITV Studios, the production and distribution company owned by ITV, were also up by 16%. Total ext…

, the production and distribution company owned by ITV, were also up by 16%.

“ITV has performed strongly delivering a 6% increase in total revenue for the first nine months of the year, driven by double digit growth in both digital revenue and revenue from ITV Studios,” said ITV Chief Executive Carolyn McCall. “ITV Studios continues to outperform the growing content market and will exceed 2019 revenues in 2022.

“We are making good progress on our new, free, ad-funded streaming service ITVX, which will be rolled out across devices and platforms in the coming weeks with the full launch of new and exclusive content on 8th December, in time to reach millions of viewers who will come to ITV for the FIFA World Cup,” Said McCall in a statement.

 

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