ITV Bullish About Margins, Streaming Business Growth, Pursuing Top Talent

, which also has a flourishing global production business, revealed an ambitious five-year growth plan on Thursday that included a number of key performance indicators.

“2020 was one of the hardest years we will live through in terms of working lives and running businesses and our home lives as well, and in that year, our margin was around 11% for 2020,” said ITV CFO Sharjeel Suleman during the presentation. “Before we get to 2023, you’ve got to remember, there’s a lot of stuff still going on in 2022. COVID is still around, it’s causing a bit of inefficiency in how we work.

Julian Bellamy, managing director, ITV Studios, added: “The key thing is that we offer talent something different, a very different culture, a lot of creative freedom, a global studio, and of course, an integrated producer-broadcaster, which we know is very important for talent who want to see their shows and their ideas being made and want to find a partner where that’s more likely to happen.”

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