ITN ANNOUNCES 16% INCREASE IN OPERATING PROFITNews and multimedia company ITN has today published its financial accounts for 2014, reporting operating profit before exceptional items of £5.76m on revenues of £112.0m in the fifth successive year of operating profit growth.
Financial headlines are:
Operating profit on ordinary activities before exceptional items increased by 16% to £5.76m - an £8.6m upwards swing since 2009
Operating profit margin pre-exceptional items grew from 4.7% to 5.1%, with every division of the business continuing to be profitable
Group revenue increased to £112.0m a 16% upwards swing since 2010
ITN Productions revenue grew 44% year on year, to £16.7m (2013: £11.6m)
Operational highlights are:
Another year of world-class, agenda-setting journalism resulted in 46 industry accolades across our outlets, including eight coveted Royal Television Society Awards and an International Emmy
From the UK floods to the deadly spread of the Ebola virus, civil war in Ukraine and the rise of Islamic State, our teams across ITV News, Channel 4 News and 5 News consistently shone with incisive reporting and expert analysis
Our fastest growing division ITN Productions saw a 44% rise in revenue to £16.7m (2013: £11.6m), with a broadcast production slate of 170 hours, including major series for all of the UK's terrestrial broadcasters. The TV commercials business continued to expand with 37 advertising campaigns in 2014 including the multi award-winning LEGO ad break, which became the most watched advert of the year on YouTube
Digital growth continued at pace, with 330 hours of clips of sport from the Barclays Premier League, Aviva Rugby, and England cricket amongst others delivered for News UK. The ITV News Livestream website saw users up 230% year on year to 18.5 million monthly views. Channel 4 News partnered with Mashable, Whatsapp and Snapchat to continue to increase its key 18-34 online demographic
ITN Source achieved its second consecutive year of profitability and completed final delivery of the complex Qatar Foundation project - the highest value deal in its history
John Hardie, CEO of ITN, said: 2014 was another successful year for ITN, marking the culmination of a five year period of sustained profit growth and achievement. Never before in ITN's history have we produced work of such breath-taking range and quality.
Our newsrooms are stronger than ever, consistently delivering editorial excellence, alongside an enhanced position with our key clients rebuilt on more profitable terms. ITN Productions and ITN Source continue to thrive, adding a raft of new contracts and expertise. Looking ahead, we can feel justified in our self-confidence, optimism and ambition for 2015 and beyond.
Read the full Annual Report (PDF)
(ends)
For further information, please contact:
Sarah Vaughan-Brown 020 7430 4837/07920 580 529
Director of Corporate Communications, ITN
sarah.vaughan-brown@itn.co.uk
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
01/06/2026
In its sixth year, the broadcaster's coverage has become a global brand and ...
01/06/2026
Designed to solve a common problem in broadcasting, the automated workflow detects, identifies, removes, and documents copyrighted music
AudioShake has introdu...
01/06/2026
The sports-analytics company combines its data with proprietary AI to help leagu...
01/06/2026
Category line-up & sponsors announced
Photo: Paul Clarke
The Production Music Awards (PMA) have announced that submissions are now officially open ahead of...
01/06/2026
New hybrid sample/synthesis instrument revealed
Excite Audio have just released the latest instalment in their Evolve series, which has been developed in co...
01/06/2026
Latest TONEX expansion captures three rare vintage amps
The newest addition to IK Multimedia's ever-growing TONEX line-up introduces a set of three incr...
01/06/2026
Musically intelligent soft synth gets upgraded
Scaler Music will be probably be best known to many for their music theory tools, but their product range al...
01/06/2026
SBS confirms its broadcast sponsors for FIFA World Cup 2026
1 June, 2026
Media releases
SBS has secured Hyundai, Hisense, Macca's, Rexona, bet365, Com...
01/06/2026
Rohde & Schwarz Satellite Industry Days 2026 guided by the motto From Earth to ...
01/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
01/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
01/06/2026
Marshall Electronics is showcasing a comprehensive lineup of next-generation POV cameras, purpose-built to power today's connected AV environments, at InfoC...
01/06/2026
Adobe Announces Concept to Vector
Deepa Subramaniam June 1, 2026
0 Comments
One of the biggest frustrations we hear from designers is how difficult it...
01/06/2026
Vampire Feature Night Patrol Graded with DaVinci Resolve Studio
Brie Clayton June 1, 2026
0 Comments
Colorist shapes dark, gritty tone for horror thri...
01/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
01/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
01/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
01/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
01/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
01/06/2026
Mardi 2 juin 14h00
FilmLight (ARRI), 10 rue Ren Boulanger, 75010 Paris
Rejoignez-nous pour d couvrir comment FLAPI (l'API FilmLight) peut transformer e...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
31/05/2026
Olivia P rez-Collellmir to Premiere Original Work at Gaud Centennial in Barcelona The Berklee graduate and faculty member will debut her choral symphony with...
31/05/2026
Back to All News
Netflix Wins 15 Awards at the Canadian Screen Awards - See Pho...
31/05/2026
Taiwan is home to more than 500 NVIDIA ecosystem partners. More than 1 million N...
31/05/2026
As factories move from isolated automation to plant-wide intelligence, manufacturers need AI systems that can connect live machine signals, quality systems, wor...
31/05/2026
The NVIDIA AI Cloud ecosystem is accelerating the global buildout of AI factory infrastructure. Partners are expanding capacity to meet growing demand from ente...
30/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
30/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
30/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
30/05/2026
Zero in on one that says yes (and no)
Andy Marken May 29, 2026
0 Comments
Hero image courtesy of Deposit Photos
For content creators the most difficu...
29/05/2026
With InfoComm 2026 just weeks away, NDI is giving attendees plenty of reasons to...
29/05/2026
Reaffirming a partnership that has defined Canadian sports broadcasting since 19...
29/05/2026
Mobile/tablet is No. 2 device for watching TV, suggesting that the sports-production industry needs to take another look at the format
Ring Digital's Sprin...
29/05/2026
Berliner Ensemble, one of Berlin's five major theater companies, has expande...
29/05/2026
Solid State Logic will showcase its new compact, fly-away TCA Tour audio product...
29/05/2026
Gerald (Jerry) Pierce, a pioneering technologist who helped shape the digital transformation of the motion picture industry, passed away last month on April 12 ...
29/05/2026
Paramount+ will be the English-language U.S. home for Barclays Women's Super...
29/05/2026
Further strengthening its virtualisation strategy to fully support broadcasters ...
29/05/2026
Swiss broadcaster Canal Alpha has deployed Harmonic's award-winning, software-based XOS Advanced Media Processor to modernize playout operations across cant...
29/05/2026
PTZOptics will showcase a new generation of intelligent video workflows at InfoComm 2026, June 17-19, Las Vegas. Visitors to booth N8227 will see how PTZOptics ...
29/05/2026
Arizona's Family has launched the Arizona's Family Sports (AZFS) streaming app, a new direct-to-consumer destination for live, local sports. The app is ...
29/05/2026
Starting in 2027, DAZN will be the exclusive home of The Canadian Football Leagu...
29/05/2026
Comcast Business has detailed the advanced network infrastructure it has deploye...
29/05/2026
In two-day event, leaders from academia and industry explored solutions to chall...
29/05/2026
The Basketball Tournament (TBT), now entering their 13th year of competition, ha...
29/05/2026
Roku has launched FOX One as a Premium Subscription on The Roku Channel in the U.S. Roku customers can now subscribe to FOX One using their Roku account for liv...
ITN ANNOUNCES 16% INCREASE IN OPERATING PROFITNews and multimedia company ITN has today published its financial accounts for 2014, reporting operating profit before exceptional items of £5.76m on revenues of £112.0m in the fifth successive year of operating profit growth.
