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ITV Reports Solid Q1 Performance With $1 Billion Revenues, Expects No Direct Tariff Impact
ITV reports Q1 growth with Studios up 1%, digital ads surging 15%, as company monitors U.S. tariff situation.
ITV is maintaining a confident outlook regarding potential U.S. trade tariffs while reporting a solid start to 2025, with the British broadcaster’s Q1 results aligning with expectations despite challenging market conditions. Looking ahead, ITV warned that Q2 total advertising revenue is expected to fall around 14% compared to 2024, reflecting tough comparisons against last year’s men’s European Championship, which drove substantial ad spending. ITV’s upcoming programming slate includes the increasingly popular Women’s Euros, new entertainment series “Shark: Celebrity Infested Waters,” and new and returning dramas such as “Code of Silence,” “I Fought The Law,” and “Ridley.” The company remains on track to deliver at least $997 million of digital revenues by 2026.
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