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World Cup helps boost ITV's revenues as pre-tax profits jump up by 40%

on Jul 30, 2014 | 0 comments

By Angela Haggerty

ITV’s net advertising revenue rose by seven per cent in the first half of this year, latest figures show, while pre-tax profits jumped up by 40 per cent.

The World Cup helped give the broadcaster the boost, which saw revenue from broadcast and online up seven per cent to £981m, while ITV Studios – which creates programmes such as Coronation Street – recorded a revenue increase of two per cent to £402m. Profit before tax is up by 40 per cent to £250m.

However, despite revenue rises, ITV’s share of viewing fell by five per cent across all channels due to a Read full story ›

Source: The Drum