ITV Delivers Profit Surge Despite Revenue Dip, Bolstered by Streaming and Cost Cuts

The U.K.’s ITV revealed strong profit growth in its full-year results for 2024, despite facing challenges from the U.S. actors and writers strikes and softening demand from traditional broadcasters. The British media giant reported an 11% increase in group adjusted EBITA (earnings before interest, taxes, and amortization) to £542 million ($700 million), driven by record […]