Sliding ad revs will hit ITV hard

Clarke, Steve
August 2006
Daily Variety;8/3/2006, Vol. 292 Issue 22, p14
Trade Publication
The article forecasts 15 percent decrease of revenue at commercial broadcaster ITV1 of Blighty in Great Britain. The firm initially predicted a 22 percent drop in the third quarter of 2006. Meanwhile, Credit Suisse estimated that the crucial fourth quarter could be down by as much as 20 percent. CEO Charles Allen is expected to leave the company.


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