Benefits in 'Fool Me Once', 'Love Island's ITV Studios

ITV has completed its 150 million GBP (USD 193 million) Pretting program one year earlier. According to the overall years published this morning, however, the Record ITV studios winnings had a worrying decline in the paid subscribers for streamer ITVX.

Almost a year ago, ITV implemented dozens of layoffs that correspond to around 200, and today it turned out that in 2024 it achieved 60 million GBP, which was increased in GBP 10 million in the previous year.

This included 20 million GBP for the first Mega savings plan of 150 million GBP, which was now completed a year earlier, while £ 40 million were part of the so -called “continuous transformation and efficiency program”.

ITV with regard to the company's “significant restructuring and transformation program” said ITV and took a one-time restructuring and transformation costs of 50 million GBP. Redundance costs, consulting fees and other associated costs of 36 million GBP were also found.

ITV consistently said that it will achieve savings and will spend the same amount of money for shows, if not for more. This number was almost 1.3 billion GBP last year. The next year will continue to achieve £ 30 million.

Carolyn McCall, CEO from ITV, said: “Our efficiency program has achieved savings, financed the growth investments, compensate for inflation and improved our margins. The program has not yet been completed and will continue to be Viewer -LED – the increase in efficiency and the prioritization of our investment in order to best reflect the dynamics of the audience and to attract both the mass -ready audience for linear and targeted target groups on ITVX. “

Overall, ITV recorded a slight turnover from 3% to 4.1 billion GBP, while EBITA rose by 11% to 542 million GBP. However, this was not surprising when you consider that the profit fell 32% last year.

According to the commercial network, these improved profits became after a record year for the production arm for production arms, in which EBITA rose 5% to 300 million GBP despite the latest hit by the Hollywood strike. ITV said that this number will improve in the second half of 2025, although the margin will be at the bottom due to the “change in sales mix as a market after the US strikes, with a lower proportion of catalog sales and a higher proportion of deliveries with lower margin.” This is a reflection of what is currently taking place on the market with less US money for CO-PROS. A number of British transmitters, including ITV shows, will be in the balance without American financing.

The low of production provided shows like how Mr. Bates against the post office, Netflix Smash Once me Disney+'s Rival and Apple TV+'S Franklin last year. The results apply with the long-term rumors to sell ITV or ITV studios that have recently exceeded. A Reuters reported that ITV Studios is in conversations about the merger with Redbird Imis All3Media.

With regard to ITV, SHINY New Streamer ITVX subscribers by 23% to 1 million, which focused on the ad -financed proposal on paid proposals.

By the end of 2025, however, ITV announced that it would have repeated the cumulative investments in ITVX.
What it said was “much earlier than expected”. ITVX started a little more than two years as a glittering replacement for ITV Hub, and ITV's strategy has shifted since then towards this streamer.

“Our significant competitive advantages give us the trust that we will continue to achieve good growth in ITV studios as well as digital income that are supported by the strong range and the strong cash generation of shipments,” added McCall.