You will be redirected back to your article in seconds

ITV Delivers 15% Revenue Growth, 18% Profit Rise as International Production Business Expands

LONDON — U.K.-based broadcaster and producer ITV reported Wednesday its annual revenue was up 15% to $2.97 billion ($4.15 billion), and profit before tax grew 18% to £843 million ($1.18 billion) as its international production division, ITV Studios, continued to expand.

The company saw strong cash flows as ITV Studios was strengthened by further acquisitions, including “The Voice” creator Talpa Media, Twofour Group and Mammoth Screen. ITV Studios has become a global production business with revenue up 33% to £1.2 billion ($1.73 billion) and 53% of revenue now coming from outside the U.K.

The company has a strong pipeline of new and returning drama including “Victoria,” “Tutankhamun,” “Houdini and Doyle,” “Cold Feet,” “Poldark,” “Shetland,” “Aquarius,” “Endeavour” and “Vera,” as well as entertainment formats “The Voice,” “Dance Dance Dance,” “I’m a Celebrity… Get Me Out of Here!,” “The Chase,” “Hell’s Kitchen” and “Saturday Night Takeaway.”

Revenue from its broadcasting and online division grew 6% to £2.15 billion ($3 billion), although its share of viewing was down 3%. Its pay TV, online and interactive business grew 23% to £188 million ($263 million).

More TV

  • Ann Curry Matt Lauer Today

    Ann Curry Warned NBC of Sex Harassment Claim Against Matt Lauer (Report)

    LONDON — U.K.-based broadcaster and producer ITV reported Wednesday its annual revenue was up 15% to $2.97 billion ($4.15 billion), and profit before tax grew 18% to £843 million ($1.18 billion) as its international production division, ITV Studios, continued to expand. The company saw strong cash flows as ITV Studios was strengthened by further acquisitions, […]

  • Supernatural -- "Unfinished Business" -- Image

    'Supernatural' Director on Jensen Ackles' Advice, Juggling Two Characters and That Fight Scene

    LONDON — U.K.-based broadcaster and producer ITV reported Wednesday its annual revenue was up 15% to $2.97 billion ($4.15 billion), and profit before tax grew 18% to £843 million ($1.18 billion) as its international production division, ITV Studios, continued to expand. The company saw strong cash flows as ITV Studios was strengthened by further acquisitions, […]

  • Tom Brokaw Accused of Sexual Harassment

    Tom Brokaw Accused of Sexual Harassment By Former NBC Anchor (EXCLUSIVE VIDEO)

    LONDON — U.K.-based broadcaster and producer ITV reported Wednesday its annual revenue was up 15% to $2.97 billion ($4.15 billion), and profit before tax grew 18% to £843 million ($1.18 billion) as its international production division, ITV Studios, continued to expand. The company saw strong cash flows as ITV Studios was strengthened by further acquisitions, […]

  • Priyanka Chopra Power of Women Variety

    Priyanka Chopra on Defying Stereotypes: 'My Ethnicity Doesn't Define My Opportunity'

    LONDON — U.K.-based broadcaster and producer ITV reported Wednesday its annual revenue was up 15% to $2.97 billion ($4.15 billion), and profit before tax grew 18% to £843 million ($1.18 billion) as its international production division, ITV Studios, continued to expand. The company saw strong cash flows as ITV Studios was strengthened by further acquisitions, […]

  • "Deion Sanders" -- Coverage of the

    CBS Sets 'Undercover Boss: Celebrity Edition' With New Series to Debut in May

    LONDON — U.K.-based broadcaster and producer ITV reported Wednesday its annual revenue was up 15% to $2.97 billion ($4.15 billion), and profit before tax grew 18% to £843 million ($1.18 billion) as its international production division, ITV Studios, continued to expand. The company saw strong cash flows as ITV Studios was strengthened by further acquisitions, […]

  • Quantico Priyanka Chopra

    Priyanka Chopra on How 'Quantico' Is a 'Really Big Step' for Women of Color & Immigrants on TV

    LONDON — U.K.-based broadcaster and producer ITV reported Wednesday its annual revenue was up 15% to $2.97 billion ($4.15 billion), and profit before tax grew 18% to £843 million ($1.18 billion) as its international production division, ITV Studios, continued to expand. The company saw strong cash flows as ITV Studios was strengthened by further acquisitions, […]

More From Our Brands

Access exclusive content