Following the effects of U.S. strikes, ITV Studios has resumed its growth trajectory and is projected to reach substantial revenue growth by the end of the year, with a stronger focus in the latter half, according to statements made by UK television titan ITV on Thursday.
ITV, under the leadership of CEO Carolyn McCall, shared their first-quarter 2025 financial report at the break of dawn. They emphasized that they’re still evaluating potential trade tariffs in the U.S. It’s worth noting that ITV Studios primarily creates TV content, and as such, they don’t foresee any immediate effects on their operations from the implementation of tariffs affecting films.
The company is quite optimistic about its overall industry developments. As the CEO stated, ITV’s exceptional performance in U.K. streaming and broadcasting underscores its dominant position within the media and entertainment (M&E) sector. ITVX remains robust, with expectations for continued robust growth in digital income. This growth is supported by M&E’s impressive reach and robust cash flow generation, which should drive ongoing financial success.
In the initial quarter, ITV Studios’ overall revenue increased by 1%, whereas Media & Entertainment (M&E) revenue fell by 3%. This dip was reflected in a decrease of 2% in total advertising revenue, as anticipated earlier. However, it’s worth noting that within this, digital advertising revenue, which is part of the digital income, experienced significant growth, rising by 15%.
In their advertisement forecast, ITV stated: “As we’ve mentioned before, our second-quarter Targeted Advertising Revenue (TAR) projection for this year takes into account the revenue boost from the men’s Euros tournament in 2024. For the same periods in 2025, we anticipate that the second quarter and first half TAR will remain relatively stable compared to the previous year.
ITV provided insights into broader developments and projects as well. McCall emphasized that the company is advancing well with its cost reduction and efficiency plan, and is on target to achieve substantial non-content cost savings while ensuring content investments align with viewer preferences. Despite economic uncertainty, he expressed confidence that our strategic plans, fiscal responsibility, and diverse revenue streams will allow us to adapt to changing market conditions and create long-term benefits for our shareholders.
Read More
- CRK Boss Rush guide – Best cookies for each stage of the event
- Ludus promo codes (April 2025)
- DEEP PREDICTION. DEEP cryptocurrency
- Summoners Kingdom: Goddess tier list and a reroll guide
- Mini Heroes Magic Throne tier list
- CXT PREDICTION. CXT cryptocurrency
- Castle Duels tier list – Best Legendary and Epic cards
- Maiden Academy tier list
- Adriana Lima Reveals Her Surprising Red Carpet Secrets for Cannes 2025
- Grimguard Tactics tier list – Ranking the main classes
2025-05-15 09:24