ITV Profits Up 40% But Studios Hit By U.S. Strikes

ITV profits improved in the first half of 2024 following the revelation that it would be making significant staff layoffs. The commercial net’s adjusted EBITA was up 40% to £212M ($273M), although revenues dipped slightly to £1.9B. CEO Carolyn McCall said “we are confident of delivering increased adjusted EBITA this year, following the year of […]