ITV Plc Interim Results for H1 2024: A Comprehensive Overview
 
Key Highlights:
Group Adjusted EBITA: Up 40% despite a 2% decline in external revenue.
ITV Studios Revenue: Fell by 13% due to production phasing and 2023 US strikes; however, adjusted EBITA grew 5% due to higher-margin catalogue sales and cost savings.
M&E Adjusted EBITA: Increased by 230%, with total advertising revenue up 10%.
ITVX Performance: Streaming hours up 15%, monthly active users up 17%, and digital advertising revenues up 17%.