ITV Chief Downplays Studio Sale Speculation While Highlighting Digital Growth [Yahoo! Finance]
ITV PLC UNSP/ADR (ITVPY)
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Source: Yahoo! Finance
questions about potential deals for ITV Studios while underlining the British broadcaster's successful transformation efforts. “We won't comment on any speculation,” McCall stated firmly when asked about rumors of RedBird IMI's All3Media merging with ITV Studios. “There's speculation about Banijay and Fremantle, there's speculation about all studios businesses.” More from Variety ITV Delivers Profit Surge Despite Revenue Dip, Bolstered by Streaming and Cost Cuts Charli xcx Calls Out ITV for 'Complaining About My Nipples' After Winning BRIT Award for Artist of the Year: 'We're in the Era of Free the Nipple Though, Right?' 'The Hack': David Tennant Phone-Hacking Drama Unveils First Look a Week After Prince Harry's Historic Settlement The earnings call followed ITV group reporting an 11% increase in group adjusted EBITA (earnings before interest, taxes, and amortization) to £542 million ($700 million), driven by record profits at ITV Studios and growth in its Media & Entertai
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