ITV Quarterly Revenues Soar 18% to $1 Billion

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ITV Quarterly Revenues Soar 18% to $1 Billion
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U.K. broadcaster ITV’s quarterly external revenues have soared 18% to £834 million ($1.03 billion), up from £709 million ($872 million) in 2021. In a trading update for the three months to Ma…

In a trading update for the three months to March 31, 2022, the broadcaster also revealed that total ITV Studios revenue was up 23% at £458 million ; media and entertainment revenue was up 13% at £545 million ; with total advertising revenue up 16%; and digital revenues up by 24%.

The company said that its scripted division is in good health with programs like Snowpiercer , “The Outlaws” , “The Suspect” , “Django” and “Summertime” . Programs delivered in the first quarter of 2022 include “Holding,” “Why Didn’t They Ask Evans,” “Noughts and Crosses” season 2, “Murder in Provence” and “Physical” season 2., ITV chief executive, said: “We are focused on the three core drivers of value for ITV.

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