Celebs in News
Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
Related Rumors
variety.com
Covid-19
2020
track
ITV Profits Hit Hard by COVID-19 Impact, But Productions Back on Track
Reading now: 428
variety.com
variety.comNaman Ramachandran U.K. broadcaster ITV’s annual results were announced Tuesday and the picture is that of a business severely impacted by COVID-19.Total external revenue was down 16%.
ITV Studios total revenues were down 25%, impacted by the disruption to the majority of ITV productions from March 2020 when the first U.K.
lockdown was declared. Total broadcast revenues were down by 8%, with total advertising down 11%.Adjusted earnings before interest, taxes, and amortization (EBITA) was was down 21% at £573 million ($792.4 million), which the broadcaster said was better than external expectations.
Of this, the most severely impacted was ITV Studios where adjusted EBITA was down 43% to £152 million ($210.2 million), impacted by the decline.
Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Report this news
Related News
Celebrities
Locations