10% increase in ITV's H1 advertising revenue due to Euro 2024 and Love Island, but ITV Studios revenues fell 13% amidst the 2023 US writers' and actors'
ITV reports a 10% increase in total advertising revenue in H1 2024, driven by the Euro 2024 soccer championship and a successful Love Island season, with advertising revenues rising 17% in Q2. However, ITV Studios revenues fell 13% due to the aftermath of the 2023 US writers' and actors' strike that halted productions. ITV's total group revenues dipped by 3% in the first half of 2024. Shares dropped by 5% following the results.
July 25, 2024
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