ITV Posts Lower Earnings, Ad Revenues for 2019 but Boosted by Studios Growth
In an earnings call following the release of’s full-year results on Thursday, the executive was asked about any ambitions to potentially succeed BBC director general Tony Hall, who will depart the role by July. McCall’s response was definitive: “I can say it is not something I’m considering.”
The U.K. SVOD’s venture losses were £21 million in 2019, while losses in 2020 will be in the range of £55 million to £60 million .The business posted revenues Total ITV Studios revenues — across the U.K., U.S. and international production arms and global distribution — sat at £1.82 billion . “We are making good progress in each area of our strategy and our investments in data, technology, online and in streaming will enable ITV to be a sustainable, diversified and structurally sound digital media and entertainment business.”
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