Wednesday, 11 November 2026

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Business

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 SkyBusiness live – latest updatesITV plans to cut costs by £30m this year, as the TV sector faces a chill wind of ditched commissions, falling advertising sales and job reductions.The broadcaster, which has agreed to sell its television and streaming business to Sky,…

Ad revenue slowdown forces company to reduce spending on content by £25m before inquiry into takeover by SkyBusiness live – latest updatesITV plans to cut costs by £30m this year, as the TV sector faces a chill wind of ditched commissions, falling advertising sales and job reductions.The broadcaster, which has agreed to sell its television and streaming business to Sky,…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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