‘Love Island’ Broadcaster ITV Grows Total Revenues 6% To Reach $2.9BN For First Nine Months Of 2022
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deadline.comUK broadcaster ITV saw its revenues reach £2.52BN ($2.89BN) for the first nine months of this year, up 6%. In a trading update, ITV noted Love Island producer ITV Studios had grown its revenues 16% year-on-year, to £1.39BN from £1.19BN for the same period last year.
The broadcaster pointed to a range of new and returning shows such as A Spy Among Friends, Hell’s Kitchen USA, Let The Right One In and The Voice Germany.
There was no mention of reports that ITV might look to sell a part of ITV Studios to kickstart its share price, which has fallen from nearly £114 at the start of the year to £68.50 today.
However, ITV CEO Carolyn McCall said: “ITV Studios continues to outperform the growing content market and will exceed 2019 revenues in 2022.
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