Studios investment brings 3% revenue drop to ITV
UK broadcaster ITV’s mid-year results show a 3% drop in revenue, which it partly attributes to ITV Studios’ investments. Total external revenue is down 3% at £1.46 billion from £1.5 billion recorded at the same time last year. While production wing ITV Studios’ total revenues grew 7% to £697 million, including currency benefits, adjusted EBITA […]