‘Scale is survival’: UK broadcasters race to merge as streaming giants squeeze revenues Media British broadcasters are turning to mergers as television revenues come under pressure from streaming services, YouTube and online ads, according to Ofcom. The media regulator’s annual Media Nations report found commercial broadcaster revenues fell from £4.98bn to £4.83bn in 2025, despite the wider TV and online video market growing seven per cent to £18.4bn. Growth [...]
ITV pays its CEO the most in a decade as profit spikes Media ITV has paid its chief executive the most it has done in a decade after profit more than doubled in 2024. Carolyn McCall took home a pay packet worth almost £4.1m for the FTSE 250 group’s latest financial year, up from the £3m she received for 2023. The latest total is the highest an ITV [...]
New golf deal sees DeChambeau and Rahm on free-to-air in the UK Sport The likes of Bryson DeChambeau and Jon Rahm will be part of golf’s return to free-to-air broadcasting in the UK this weekend. It comes as the Saudi Arabia-backed LIV Golf League confirmed the 2025 season will be broadcast on ITVX in the United Kingdom. The league has previously been broadcast on YouTube in the UK [...]
Simon Cowell denied huge pay after profit slashed at Britain’s Got Talent owner January 3, 2025 Simon Cowell has not repeated the huge £50m pay day he awarded himself after profit was slashed at his TV empire behind Britain’s Got Talent. Syco Holdings did not issue a dividend to the TV mogul in the year to 31 March, 2024, after its pre-tax profit was cut from £21.1m to £11.9m. Newly-filed accounts [...]
ITV shares jump as it emerges as a takeover target by private equity November 25, 2024 ITV has emerged as a possible takeover target by private equity giants including CVC Capital Partners amid an ongoing dip in its share price, according to reports. There are reportedly a variety of private equity bidders circling the UK’s largest terrestrial commercial broadcaster, Sky News revealed. These included CVC Capital Partners with a major European [...]
ITV agrees multi-million pound investment into Purplebricks’ reinvention May 22, 2024 ITV is set to invest more than £4m into online estate agency Purplebricks, the first major investment in the ailing brand since it was acquired in 2023 by rival Strike.