The 2017 Interim results are in and ITV is on track to deliver
ITV continue to grow their global family of production companies and in H1 they strengthened their international drama and format business with the acquisition of Line of Duty producer World Productions in the UK, Tetra Media Studio in France and Elk Production in Sweden.
On-screen ITV are performing well. To the end of May the ITV Family share of viewing grew although they ended the first half flat as June last year included the benefit of the Euros.
ITV continues to deliver the mass audiences demanded by advertisers as well as delivering the key target demographics. ITV is the only channel to deliver a commercial audience over five million and Love Island demonstrates that young viewers engage in great TV content.
Online, Pay & Interactive grew revenues by 5% to £112m with double digit growth across Online and Pay. Online viewing was again up strongly at 34%.
ITV continue to grow their digital capabilities and invest in the ITV Hub, ITV Hub+, BritBox US, their SVOD joint venture with the BBC and Cirkus, their SVOD proposition in the Nordics and Germany.
They anticipate further good growth in Online, Pay & Interactive driven by VOD and Pay.
ITV see opportunities to continue to invest in growing an even stronger and more resilient business.
”ITV continues to deliver the mass audiences demanded by advertisers as well as delivering the key target demographics. ITV is the only channel to deliver a commercial audience over five million and Love Island demonstrates that young viewers engage in great TV content.”
Peter Bazalgette , Chairman of ITV.
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