ITV Studios revenue plummets 20% in Q3 due to Hollywood strikes, but the production giant eyes a strong Q4 and full-year record earnings.
beat sheet
ITV Studios reported a 20% drop in Q3 revenue, impacted by the 2023 U.S. writers' and actors' strikes, but expects to deliver record adjusted EBITDA for the full year 2024.
ITV's streaming service ITVX saw a 14% surge in streaming hours and a 15% jump in digital ad revenue in the first 9 months of 2024, showcasing the platform's growing appeal.
call sheet
Carolyn McCall, ITV Studios, ITV, Disney+, BBC, Amazon Prime Video, Fox, NBC, PBS Masterpiece, Rivals, Ludwig, The Better Sister, Hell's Kitchen, Shetland, Destination X, The Forsytes
ITV Studios revenue plummets 20% in Q3 due to Hollywood strikes, but the production giant eyes a strong Q4 and full-year record earnings.
beat sheet
ITV Studios reported a 20% drop in Q3 revenue, impacted by the 2023 U.S. writers' and actors' strikes, but expects to deliver record adjusted EBITDA for the full year 2024.
ITV's streaming service ITVX saw a 14% surge in streaming hours and a 15% jump in digital ad revenue in the first 9 months of 2024, showcasing the platform's growing appeal.
call sheet
Carolyn McCall, ITV Studios, ITV, Disney+, BBC, Amazon Prime Video, Fox, NBC, PBS Masterpiece, Rivals, Ludwig, The Better Sister, Hell's Kitchen, Shetland, Destination X, The Forsytes