Carolyn Maccall pandemic reports 2020 virus Drop Carolyn Maccall

ITV Reports 42 Percent April Ad Drop Amid Pandemic, Furloughs 800

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hollywoodreporter.com

U.K. TV giant ITV, led by CEO Carolyn McCall, on Wednesday reported a first-quarter revenue drop of 7 percent driven by a big decline at production arm ITV Studios.

It also said April advertising revenue dropped 42 percent amid the novel coronavirus pandemic after a 2 percent advertising gain in the first quarter despite the virus crisis and continued Brexit uncertainty.

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