ITV Studios 2017 Revenues Up but Overall Profit Down at Broadcaster in ‘Challenging’ Environment

A double-digit increase in revenues at ITV Studios helped offset a decline in the core broadcasting numbers at ITV in what the U.K. broadcaster’s new CEO, Carolyn McCall, said was a “challenging environment.” Overall 2017 EBITA profit fell 5% at £842 million ($1.2 billion), while revenues increased 4% year-on-year, taking the total to £3.7 billion. […]

from Variety http://ift.tt/2F0Kihz