A drop in Studios' revenues saw ITV's external revenue down 6%, as improvement in advertising could not offset this drop. ITV’s total advertising revenue in H1 is forecast to be up 8%, with Q2 up 12% buoyed by the Euros. Meanwhile, ITVX’s growth seems to be slowing. Read here: https://bit.ly/3JUrZxp
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Senior Research Analyst Claire Holubowskyj was quoted in The Telegraph on Amazon's move to begin offering a direct from China service to counter cut-price rivals Temu and Shein. Read here: https://lnkd.in/eaDA7kCb
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Head of TV Tom Harrington was quoted in the Guardian on the challenges facing Fox-owned streaming service Tubi as it seeks to launch into a crowded UK market. Read here: https://lnkd.in/dJcBnzCA
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Senior Media Analyst François Godard was quoted in The Times on the motivation behind and regulation of CNews, the controversial French news station. Read here: https://lnkd.in/edNgrCii
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Senior Media Analyst François Godard was quoted in Variety on the state of public service broadcasters in France amidst the upcoming French election. Read here: https://bit.ly/45VRJ6L
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Founder Claire Enders CBE was quoted in Variety on the upcoming UK and French elections, and their consequences for PSBs. Read here: https://bit.ly/45VRJ6L
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Head of Telecoms Karen Egan was quoted in Light Reading on the deal between Vodafone/Three and VMO2 to trade spectrum and extend their network sharing arrangements, and its effects on BT. Read here: https://bit.ly/3W9B3FG
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We estimate that today's network-sharing and spectrum-trading deal between VM02 and Vodafone/Three will increase VM02's mobile capacity by around 70% - facilitating a much more aggressive strategy. Capacity in the industry as a whole would increase by around 5% as a consequence of this deal, in addition to the 25% from the Vodafone/Three merger - with crucial implications for sector competitive dynamics and data-growth outlook. Read here: https://bit.ly/3xLbRfk Karen Egan James Barford Katharine Lindsay Hamish Low
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Amazon is launching its own direct-from-China sales channel, in a strategic reversal forced by competition. Creating a two-tiered site for ultra-low-cost goods makes FBA more efficient and grows its reach and relevance to non-Prime audiences. Read here: https://bit.ly/4cJmhuB
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Retail media is growing the overall advertising ecosystem, as omnichannel retailers ramp up ad sales and first-party data gains prominence. Competition and innovation are rising, with incumbents threatened by disintermediation. Read here: https://bit.ly/45JnqQR
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Senior Media Analyst Abi Watson was quoted in City AM on the importance of news channels that produce news in a format which is more accessible for younger demographics. Read here: https://bit.ly/4cMIEQ9
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