Sony Pixel Power calrec Sony

The reinvention of ITV: the difference a decade makes

28/07/2015

ITV's second quarter results have been published today, and in light of this Ampere Analysis has taken a closer look at how the broadcaster has transformed itself from a single-market national commercial free-to-air broadcaster to a diversified global production and channel entity. ITV's management acknowledges pay-TV and distribution are still key areas it must address, yet so far the 2015 investment cycle has failed to provide evidence that these are real priorities, says Ampere Analysis. The company asks: How will ITV get fit for the future of TV - where multi-device, multi-stream and direct-to-consumer delivery are fast eroding the single-screen mass-audience that still delivers for advertisers?

ITV has taken a multi-pronged reinvention strategy, says Ampere Analysis, with production at its core. Guy Bisson, research director at the firm, commented on the dilemma facing ITV's management in 2007: When your attempts to diversify into social media [ITV acquired social media site Friends Reunited] have been a disaster, your core TV advertising revenue is under increasing pressure, an economic downturn is fast approaching, and consumer entertainment viewing and consumption habits are changing at the fastest rate in history, what do you do?

In the case of ITV, the answer was to turn to a familiar and safe bet: production investment. To date that strategy has been central to the broadcaster's reinvention. What it does next to face for the future of TV will be essential to ITV's continued reinvention.

Since 2006, ITV has made 27 acquisitions or joint-venture investments, 20 in traditional production companies, three in digital production assets. Part of ITV's overall strategy has been to internationalise its production base, and 40 per cent of acquisitions over the last ten years are US production entities.

According to Ampere Analysis there are three key areas management must address now and next - linear channel development, pay-TV and monetisation of online content.

At 45 per cent, nearly half of ITV's income is not advertising-reliant, up from 32 per cent in 2007. During the re-invention of ITV into a business that is no longer as dependent on advertising, it has perhaps neglected to fully shore-up its core linear business. Recently-launched drama channel ITV Encore is the only pay-exclusive channel brand in the portfolio of nine, although HD versions of ITV 2, ITV 3 and ITV 4 are pay-TV channels in the UK. ITV Premium, the ad-free version of catch-up service ITV Player has been a success for the broadcaster, although a pay-per-view option was shut down in 2014.

ITV's single UK-based pay-TV channel contributes little to the revenue mix, and the broadcaster has been slow to exploit international pay-TV opportunities, says Ampere Analysis. Its now-global production base and strong presence in the US production market provide scope for a strong pay-TV linear channel presence outside the UK.

But as an alternative, OTT platforms offer the opportunity to go direct to a consumer who is increasingly demanding OTT programming. Its investment in Cirkus in Scandinavia looks set to be a test bed for a bigger play.

ITV's online strategy is heavily reliant on ITV Player the third most installed video application in the UK. Ampere Analysis's consumer research shows that the broadcaster is missing key demographic groups, which could have long-term impact on online ad revenue.

Ampere Analysis' forecasts suggest ITV's share of UK TV advertising will remain relatively robust, but nevertheless will decline to a low of 39 per cent by 2020 as spend continues to move online. During the same time period, UK online advertising will grow to 56 per cent of UK media by 2020. ITV has its own interactive advertising platform, AdExplore, but unlike RTL and Proseiben has not invested in third-party ad-tech platforms.

Bisson concluded: ITV's overall strategy for reinvention has been largely successful, creating a business less dependent on advertising and more robust in an economic downturn. Along the way, however, it has sometimes neglected to focus on creating a fully-rounded broadcast group, positioned for the future distribution of the very TV content it now produces so much of. We believe that in addition to realising its YouTube strategy, ITV needs to look at next-gen distribution assets that will deliver strategy of internationalisation and pay-TV development and advertising technology. While production consolidation is likely to continue as a core strategy for the group, we believe ITV will increasingly seek opportunities in these areas.

www.ampereanalysis.com
LINK: http://www.tvbeurope.com/reinvention-itv-difference-decade-makes/...
See more stories from tvb

Most recent headlines

09/11/2025

Dalet Unveils Agentic AI Media Workflows at IBC2025

Dalet today announced a transformative leap forward for media operations: Agentic Artificial Intelligence (AI) that unifies the Dalet ecosystem under one natura...

15/10/2025

Reporting that changes lives: Announcing the Young Journalist finalists 2025

Across the world, early-career reporters are interrogating systems that shape daily life, from mortuaries and classrooms to the corridors of legal education and...

15/10/2025

St. Louis Blues Pay Tribute to Ozzy Osbourne in New Pregame Open Video

St. Louis Blues Pay Tribute to Ozzy Osbourne in New Pregame Open VideoThe NHL franchise worked with production firms 2WEI and 4th Floor CreativeBy Mark J Burns,...

15/10/2025

Cobalt Digital, G3DVu, Proxima Vision, and Telos Alliance Renew Premier Sponsorships

Cobalt Digital, G3DVu, Proxima Vision, and Telos Alliance Renew Premier Sponsors...

15/10/2025

The Remaining Native Team on the Sundance Institute Labs, Community and More

By Paige Bethmann Before my grandmother passed away in 2019, I went to visit her in the hospital where she'd been for a few weeks. When I arrived, the nurs...

15/10/2025

Spotify Celebrates Two Years of Audiobooks in Premium, Fueling Growth and Discovery Across the Publishing World

Two years ago, Spotify set out to grow the entire publishing industry by making ...

15/10/2025

DJ Levels Up With Spanish-Language Requests, Text Requests, and Personalized Prompts

People turn to DJ for a listening experience that feels personal, dynamic, and j...

15/10/2025

DJ evoluciona con solicitudes en espaol, peticiones por texto y recomendaciones personalizadas

Las personas recurren a DJ para vivir una experiencia de escucha personal, din m...

15/10/2025

Bruce Springsteen and Jeremy Allen White Unite in London for an Exclusive Spotify Conversation and Film Preview

Rock legend Bruce Springsteen and luminary actor Jeremy Allen White came togethe...

15/10/2025

Meet Spotify's RADAR Creators Global Class of 2025, the Next Wave of Podcast Talent

At Spotify, we're all about supporting rising talent and helping them connec...

15/10/2025

New SBS Documentary Series THE CANCER KILLERS Premieres 4 November on SBS & SBS On Demand

New SBS Documentary Series THE CANCER KILLERS Premieres 4 November on SBS & SBS ...

15/10/2025

SBS celebrates the Festivals of Lights with bold, illuminating stories across the network

SBS celebrates the Festivals of Lights with bold, illuminating stories across th...

15/10/2025

Seeking Astrobiological Potential Millions of Miles from Earth

One of humanity's most profound questions continues: Is there any place in our galaxy suitable for life beyond Earth? NASA intends to find out, with the hel...

15/10/2025

Austin PBS Expands Facility-Wide Production Communications with Clear-Com

eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({ content_source:......

15/10/2025

Scality debuts industry-first AI certifications with more...

Scality, a global leader in cyber-resilient storage software for the AI era, today announced the advancement of its comprehensive AI ecosystem certification pro...

15/10/2025

2026 HPA Tech Retreat to Deliver Insight Innovation and I...

The Hollywood Professional Association (HPA) today unveiled key highlights of the 2026 HPA Tech Retreat, scheduled for Feb. 15 19 at the Westin Rancho Mirage Go...

15/10/2025

Interra Systems Drives Quality Compliance and Monetizatio...

At NAB Show New York 2025 (Stand 244), Interra Systems will showcase the future of media QC, monitoring, and captioning, highlighting its award-winning, AI- and...

15/10/2025

RMC BFM Group Selects Grass Valley to Power its Transitio...

Grass Valley today announced that RMC BFM, part of the CMA-CGM Group and France's third-largest private media group, has chosen Grass Valley's productio...

15/10/2025

Appear to Showcase Next-Generation Hybrid Live Production...

Appear, the global leader in live production technology, will demonstrate how its powerful hardware and software innovations are shaping the future of hybrid, s...

15/10/2025

Rakim to Join Berklee's Hip-Hop Hall of Fame at Signature Series Concert

Rakim to Join Berklee's Hip-Hop Hall of Fame at Signature Series Concert The rap icon becomes the latest inductee, following luminaries such as Roxanne Sh...

15/10/2025

Berklee Brings Live Music to the Head of the Charles

Berklee Brings Live Music to the Head of the Charles Student artists will perform on multiple riverfront stages during the 60th anniversary of the world's...

15/10/2025

CobbTV Taps Pebble for Playout Automation

CobbTV, the government access television channel for Cobb County, Ga. recently acquired an automated playout system from Pebble, a global provider of automation...

15/10/2025

Appear to Showcase Next-Generation Hybrid Live Production at NAB Show NY

OSLO, Norway Appear, the global leader in live production technology, will demonstrate how its powerful hardware and software innovations are shaping the future...

15/10/2025

NBA Unveils Updated NBA App and Reimagined' NBA TV

NEW YORK The NBA is making major changes to the NBA App and NBA TV as it takes control of them from TNT Sports, which has long managed the league's digital ...

15/10/2025

DirecTV Announces Major Expansion of Interactive AI-Powered Features

SAN MATEO, Calif. In what promises to be a major expansion of interactive features and personalized content on the DirecTV platform, the operator and Glance hav...

15/10/2025

Roku Upgrades User Interface to Showcase Original Content

SAN JOSE, Calif. Roku has launched changes to its user interface (UI) that the streaming platform says will better showcase original programming on the platform...

15/10/2025

OpenDrives Promotes Alex Dunfey to CTO

LOS ANGELES Software-defined data storage and data services provider OpenDrives has elevated Alex Dunfey to chief technology officer, responsible for driving th...

15/10/2025

Space42 and Autonomous A2Z Partner to Advance Smart Mobility Ecosystem in the UAE

Abu Dhabi, UAE October 15, 2025: Space42 (ADX: SPACE42), the UAE-based AI-powe...

15/10/2025

Third series of Dream Car Fixers confirmed for U and U&YESTERDAY

Sheldon Nichols and Will Trickett to find and prepare more classic cars for budget conscious would-be owners from Wiser Films UKTV have recommissioned the clas...

15/10/2025

Sky celebrates Nick Cave in upcoming one-off special, The Veiled World of Nick Cave (w/t)

Wednesday 15 October 2025 Nick Cave JPEG (275 KB) Explore the creative univer...

15/10/2025

The Textorcist: Brits confess their scariest messaging moments

Wednesday 15 October 2025 From breaking up with your partner to quitting your job - new polling shows some messages are just too scary to send Over a fifth (...

15/10/2025

Rohde & Schwarz unveils compact MXO 3 oscilloscopes with 4 and 8 channels: Advanced performance meets affordability

Rohde & Schwarz unveils compact MXO 3 oscilloscopes with 4 and 8 channels: Advan...

15/10/2025

Revenge Series The Resurrected' Captivates Audiences Across Asia

Back to All News Revenge Series The Resurrected' Captivates Audiences Across Asia Entertainment 15 October 2025 GlobalTaiwan Link copied to clipboard ...

15/10/2025

Bringing the Best in VFX and Virtual Production Together as Eyeline

Back to All News Bringing the Best in VFX and Virtual Production Together as Eyeline Jeffrey Shapiro CEO, Eyeline Business 15 October 2025 GlobalCanadaInd...

15/10/2025

NESN Redefines Regional Sports Video Delivery with Harmonic

Deployed by Astound Business Solutions, Harmonic's Primary Distribution Solution Ensures Outstanding Video Quality and Seamless Ad Insertion at the Edge SA...

15/10/2025

RMC BFM Group Selects Grass Valley to Power its Transition to IP and UHD Production

Collaboration extends a trusted relationship as RMC BFM invests in scalable, fut...

15/10/2025

First look at new RT comedy-drama These Sacred Vows

Series coming in 2026 stars Tom Vaughan-Lawlor, Justine Mitchell and Jason O'Mara released today RT today released first look images of new comedy-drama ...

14/10/2025

SVG Europe Summit 2025: All Sessions Now Available to Watch on SVG PLAY

SVG Europe Summit 2025: All Sessions Now Available to Watch on SVG PLAYNetworking event that preceded IBC2025 shone a light on elite live sports innovation acro...

14/10/2025

SVG Sit-Down: Author Rich Podolsky on Writing Madden & Summerall: How They Revolutionized NFL Broadcasting'

SVG Sit-Down: Author Rich Podolsky on Writing Madden & Summerall: How They Revo...

14/10/2025

SVG All-Stars: Michael Reiners, Coordinating Producer, FloRacing

SVG All-Stars: Michael Reiners, Coordinating Producer, FloRacingThe Illinois State grad steers a vast schedule of motorsports events at tracks across the countr...

14/10/2025

Content Protection: Getting the Right Management for Your DRM

Content protection: Getting the right management for your DRM By Neal Romanek Friday, October 10, 2025 - 10:11 Print This Story Eluvio power the EPCR'...

14/10/2025

As League Takes Over Ops, NBA TV and NBA App Add 60 Games, Weekday Studio Show, Global Matchups, and More

As League Takes Over Ops, NBA TV and NBA App Add 60 Games, Weekday Studio Show, ...

14/10/2025

Time and Effort: World's Largest Student-Led Broadcast Prepares to Go On Air for 24 Hours this Week

Time and effort: World's largest student-led broadcast prepares to go On Air...

14/10/2025

The Perfect Neighbor Takes a Novel Approach to Examining America's Race and Gun Violence

(L-R) Guest, Kimberly Robinson Jones, Geeta Gandbhir, Pamela Dias, and Takema Ro...

14/10/2025

Spotify Premium bietet jetzt verlustfreies Audio fr ein detailreicheres Hrerlebnis

Lossless ist jetzt mit Spotify Premium verf gbar. Verlustfreies Audio war eine...

14/10/2025

La qualit Lossless arrive sur Spotify Premium, pour une exprience d'coute plus riche

La qualit Lossless est disponible sur Spotify Premium. Le format sans perte de...

14/10/2025

Ed Sheeran's Play' Hits the Pitch as Spotify and FC Barcelona Launch Latest El Clsico Jersey Takeover

For the seventh edition of Spotify and FC Barcelona's artist jersey series, ...

14/10/2025

Spotify Expands Managed Accounts for Young Listeners on Premium Family Plans

Spotify is committed to bringing the best listening experience to all our users, and that includes parents and families. That's why we're expanding mana...

14/10/2025

Spotify's Fiction Podcast Caso 63' Reaches an Epic Conclusion

Since its debut, the Spotify Original podcast Caso 63 has been more than just a story; it's been a cultural sensation. The science fiction thriller captivat...