UK network ITV is planning to save another £35M ($45.7M) in the coming quarter, despite posting steady year-to-date group revenues.
In a Q3 trading update, the broadcaster and content group said it had identified the additional temporary savings” in its Media & Entertainment division, which houses its linear networks and streamer ITVX .
“UK macro data is showing a softening economy, with increased uncertainty in the lead up to the UK Budget which is impacting the wider advertising market, and we are adjusting our costs to match this current reduction in demand,” said ITV CEO Carolyn McCall in a trading update today. “We do not anticipate these temporary savings to impact our ability to deliver our strategic plan.”
The plan is to move £20M of programming will be moved into 2026 and m

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