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ITV warns on challenging ad market as 2020 revenue falls 16%

Tuesday 9 March 2021 | 10:39 CET | News
UK broadcaster ITV has reported total external revenue of GBP 2.78 billion for 2020, down 16 percent from 2019, with adjusted group EBITDA down 21 percent to GBP 573 million. CEO Carolyn McCall said that although total revenues and profits for the year were down, ITV's financial performance was ahead of expectations, driven by a strong Q4 and tight cost control.

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Categories: Broadcast & Satellite
Companies: ITV
Countries: United Kingdom
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