Football boosts profits at ITV - News Summed Up

Football boosts profits at ITV


ITV has enjoyed a surge in first-half profits and is planning to resume dividend payments after the return of international football helped to fuel a rebound in advertising revenues. The broadcaster generated the biggest ad revenues last month of any June in its history after advertisers, which had cut spending after the onset of the Covid-19 crisis last year, flocked back. SponsoredAdvertisers have been buoyed by the easing of pandemic restrictions that have led to the reopening of the economy and the start of the Uefa European Football Championship, which kicked off in June. The Euros were cancelled last year because of the crisis. Dame Carolyn McCall DAVID LEVENSON/BLOOMBERG/GETTY IMAGESThe ad market recovery helped to drive total revenues at ITV for the first six months of the year up


Source: The Times July 28, 2021 07:52 UTC



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