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

  • Laura Ingraham

    Fox News Defends Laura Ingraham Amid Calls for Advertiser Boycott

    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 […]

  • Netflix Locks Up Deal for ‘Inside

    Netflix Locks Up Deal For ‘Inside the World’s Toughest Prisons’

    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 […]

  • The End of the F***ing World

    'Little Boy Blue,' 'La Casa De Papel' Win Drama Prizes at Monte Carlo TV Festival

    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 […]

  • KIERSTEN ROBINSON

    Kiersten Robinson Named Universal TV Senior VP, Current Programming

    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 […]

  • Gayle King

    TV Anchors Fight to Stay Objective in Coverage of Family Separation at Border

    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