You will be redirected back to your article in seconds

Ad dip, digital hit Granada

Murphy has considered asking for 3rd Ondigital investor

LONDON — Granada Media is expected to announce later this week a loss of roughly £80 million ($111 million) for the first six months of its fiscal year.

Ad sales for ITV, the U.K.’s biggest commercial web, are forecast to come in at least 15% lower than last year; digital costs, too, hurt the company’s bottom line.

Granada and Carlton Communications, the two big ITV companies, are both under financial pressure due to the burden of their pay TV joint venture ONdigital. The companies forecast spending of $379 million on the platform in the coming year.

Carlton chief exec Gerry Murphy has said that the company would consider inviting a third investor to join ONdigital, soon to be revamped into ITV Digital. Satcaster BSkyB and British Telecom are potential candidates.

More TV

  • LOST IN SPACE

    Netflix Reveals 'Lost in Space' Reboot Premiere Date, First Trailer (Watch)

    LONDON — Granada Media is expected to announce later this week a loss of roughly £80 million ($111 million) for the first six months of its fiscal year. Ad sales for ITV, the U.K.’s biggest commercial web, are forecast to come in at least 15% lower than last year; digital costs, too, hurt the company’s […]

  • President Barack Obama meets with Rev.

    Billy Graham, Evangelist Who Harnessed the Power of TV, Dies at 99

    LONDON — Granada Media is expected to announce later this week a loss of roughly £80 million ($111 million) for the first six months of its fiscal year. Ad sales for ITV, the U.K.’s biggest commercial web, are forecast to come in at least 15% lower than last year; digital costs, too, hurt the company’s […]

  • amazon-logo

    Amazon Developing 'Consider Phlebas' as Fantasy Drama Series

    LONDON — Granada Media is expected to announce later this week a loss of roughly £80 million ($111 million) for the first six months of its fiscal year. Ad sales for ITV, the U.K.’s biggest commercial web, are forecast to come in at least 15% lower than last year; digital costs, too, hurt the company’s […]

  • German Stars and Industry Shine At

    German Stars and Industry Shine At Bavaria Fiction's Berlin Bash

    LONDON — Granada Media is expected to announce later this week a loss of roughly £80 million ($111 million) for the first six months of its fiscal year. Ad sales for ITV, the U.K.’s biggest commercial web, are forecast to come in at least 15% lower than last year; digital costs, too, hurt the company’s […]

  • Sky Inks CBS Deal for Weekly

    Sky Inks CBS Deal for Weekly James Corden Talkshow Highlights

    LONDON — Granada Media is expected to announce later this week a loss of roughly £80 million ($111 million) for the first six months of its fiscal year. Ad sales for ITV, the U.K.’s biggest commercial web, are forecast to come in at least 15% lower than last year; digital costs, too, hurt the company’s […]

  • Berlin Globo Series Showcase Underscores Its

    Berlin Globo Series Showcase Underscores Its Upscale Revolution

    LONDON — Granada Media is expected to announce later this week a loss of roughly £80 million ($111 million) for the first six months of its fiscal year. Ad sales for ITV, the U.K.’s biggest commercial web, are forecast to come in at least 15% lower than last year; digital costs, too, hurt the company’s […]

  • Late Night Hosts Spotlight Florida Shooting,

    Late Night Hosts Spotlight Students Advocating for Action After Florida Shooting

    LONDON — Granada Media is expected to announce later this week a loss of roughly £80 million ($111 million) for the first six months of its fiscal year. Ad sales for ITV, the U.K.’s biggest commercial web, are forecast to come in at least 15% lower than last year; digital costs, too, hurt the company’s […]

More From Our Brands

Access exclusive content