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#1 out of 2
business1d ago
ITV Carolyn McCall On Sale To Sky, Network Business & ITV Studios
- McCall used a leadership conference to stress ITV's M&E strength and cash generation despite market bumps.
- McCall declined to comment on the £1.6B Sky sale, noting active discussions and potential separation of ITV Studios.
- ITV Studios reportedly stands as a major part of the group and could be retained in any deal.
- First-quarter trading showed ITV Studios up 4% to £400M, helping offset declines in overall M&E revenue.
- McCall warned of UK market bumps, tied to advertising trends and consumer spending.
- Deadline frames the discussion as TV leadership commentary amid Sky deal negotiations and asset separation.
- The sale could restructure ITV by separating the production arm from the broader network business.
- ITV reported a mixed results picture with selective growth in production and pressure in advertising revenue.
- McCall emphasized storytelling to investors as well as audiences.
- Analysts and executives at the Enders TMT Leaders Live Conference joined other major players at the event.
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