ITV to cut costs by £30m amid falling advertising sales

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ITV to cut costs by £30m amid falling advertising sales #958874 Wed 11 Nov 2026 02:35:PM
Joined: Feb 2001 Posts: 800,656 Los Angeles, USA Webmaster Launch Director
Webmaster Launch Director Joined: Feb 2001 Posts: 800,656 Los Angeles, USA	ITV to cut costs by £30m amid falling advertising sales Ad revenue slowdown forces company to reduce spending on content by £25m before inquiry into takeover by Sky Business live - latest updates ITV plans to slash its programming budget as new figures showed that spend on the production of films and prestige TV shows in the UK is down more than £2bn over the last year. The broadcaster plans to make £30m in “temporary” savings, including £25m in content and £5m elsewhere in the business. Continue reading... https://www.theguardian.com/business/2026/nov/11/itv-cut-costs-falling-advertising-sales