U.K. commercial broadcaster ITV 's annual results for 2022 were revealed Thursday and the picture is robust.Total group revenue was up 7% to £4.3 billion ($5.3 billion) and total external revenue was up 8% to £3.7 billion.ITV Studios total revenues grew 19% to £2 billion.The "Love Island" broadcaster said that the strong revenue growth and the adjusted interest, taxes, and amortization (EBITA) margin of 12.4% for ITV Studios was driven by a 58% increase in high-end scripted hours produced, with 19 formats sold in three or more countries.
#subscribers #shareholders #user-experience #broadcaster #cost-savings #financial-results #future-growth
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