ITV Studios and ITVX revenues helped to offset falls in linear at UK network ITV in the first nine months of 2023. A Q3 trading update revealed ITV Studios turnover has grown 9% to £1.52B ($1.87B), while digital revenues — much of which are now derived from streamer ITVX — are up 23% to reach £340M.
Key productions in the period have included Prime Video tennis drama Fifteen Love; Love Island USA season 5 for Peacock; and World on Fire season 2 for the BBC, while total streaming hours were up 27% year-on-year to the end of September — you can read more analysis about ITV’s pivot to streaming here.
Those two figures meant ITV’s overall revenues remained almost exactly flat, up 1% at £2.98B. Total external revenue was a similar result, coming in at £2.53B.
Revenue from the Media & Entertainment division that houses its networks was down 7%, as expected, at £1.46B. Advertising revenue was down 7%.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.