ITV Half-Year Profits Plunge in Tough Advertising Market

ITV's This Morning has been nominated for a National Television Award despite the controversy surrounding the show's former presenter Phillip Schofield. The 61-year-old resigned from ITV and left his talent agency after it was discovered he had been in a relationship with a younger male colleague at the show.

TV legend Steve Jones is set to be the latest star to be joining the This Morning presenting team, with ITV bosses reportedly “delighted” about the new signing. The Welsh presenter, who first shot to fame on Channel 4’s T4 alongside Miquita Oliver, is the latest showbiz name to be joining the ITV team, with Steve set to present alongside co-host Josie Gibson on Wednesdays.

James Martin has recently faced numerous claims that he's bullied numerous ITV crew members. However, the broadcaster has confirmed the TV chef's new series will still be broadcast later this year. It was revealed last week that the 51 year old could face being axed by ITV after senior bosses were left furious at his behaviour, according to the Mail Online.

James Martin's future at ITV has been confirmed with his new series airing later this year amid bullying allegations and axe rumours.

Naman Ramachandran “The Long Shadow,” a true crime drama by “Hijack” and “Lupin” creator George Kay, has revealed a stellar cast. Directed by BAFTA-winner director Lewis Arnold (“Sherwood,” “Time,” “Des”) the 7 x 60′ for U.K. broadcaster ITV and streamer ITVX, drama is a depiction of the five-year hunt for serial killer Peter Sutcliffe, focusing on the lives of the victims who crossed his path and those of the officers at the heart of the police investigation.

Patrick Frater Asia Bureau Chief Hybe, the Korean music and entertainment firm, achieved record revenues in the first half of the year as album sales climbed and live performances took off. This was achieved despite the hiatus being forced on BTS, the company’s most famous K-pop act, by its band members’ military enlistment. On Tuesday, Suga, who had his first solo music tour earlier this year, became the third member of BTS to begin his compulsory military service.

RTL Group, the owner of American Idol outfit Fremantle, has downgraded its full-year financial expectations following a tricky six months during which group profit tumbled by more than 50%, although Fremantle revenues grew slightly.

Naman Ramachandran Revenues at Bertelsmann’s Luxembourg-based RTL Group, a media giant which owns Fremantle, slid 5.1% to €3.1 billion ($3.4 billion) for the first half of 2023, financial results released on Tuesday have revealed. Adjusted EBITA (Earnings Before Interest, Taxes, and Amortization) was down to down to €250 million compared to €501 million during the same period in 2022 and group profit was at €132 million, more than 50% down €304 million in 2022. The company attributes this to “challenging TV advertising markets, in particular in Germany.” RTL group’s TV advertising revenue declined 12.5% to €1.18 billion (H1/2022: €1.35 billion).

In a heartbreaking revelation, Bryan Randall, Sandra Bullock’s longtime partner, passed away at age 57 after a three-year battle with ALS. 

Amazon cruised past Wall Street estimates in the second quarter, swinging from a loss in the year-ago period to better-than-expected profits.

Naman Ramachandran Declining TV advertising revenues in the German-speaking region have contributed to revenues and profits plunging at media giant ProSiebenSat.1. Quarterly results published on Thursday reveal that the group’s revenues declined from €1.04 billion ($1.14 billion) in 2022 to €868 million ($950 million) this year.

Love Island has been the subject of more than 1,000 complaints to UK media regulator Ofcom as ITV plans a makeover for the reality show in 2024.

is just a number with the revelation she once dated a 21-year-old and a 91-year-old in the same week.The “Sex and the City” scribe dished the eyebrow-raising detail during an interview with Us Weekly Monday, confirming a Page Six report about her colorful love life that ran in May 2022. “You know, I have so many crazy dating adventures. I mean, one week I dated a guy who was 21 and a guy who was 91,” Bushnell said.

It’s no wonder Candace Bushnell is the inspiration behind Sex and the City’s Carrie Bradshaw — her real-life romantic escapades are just as entertaining. 

Follow OK! on Threads here: https://www.threads.net/@ok_mag ITV has cancelled The Voice Kids - one of its biggest shows - in a major TV shakeup, it has been confirmed by the channel.The show, which is a spin-off from The Voice, has a star-studded judging panel, comprising of Danny Jones, Pixie Lott, Ronan Keating and Will.i.am. It saw children sing on stage while the judges backs were turned, and if a judge liked what they heard, they would push a button for their chair to turn round. The Sun reports that ITV made the decision as talent shows have been on the decline in recent years.

ITV has axed The Voice Kids, according to reports. The singing contest, judged by Danny Jones, Pixie Lott, Ronan Keating and Will.i.am won’t be returning to TV screens next year.

Manchester United could bank £20million in total for Anthony Elanga after he joined Nottingham Forest in an initial £15m deal.

CBS and Fox weighed in on their upfronts today, following NBC last week. CBS has closed its 2024 selling season up “low-to-mid single digits” in dollar commitments. Fox Corp. showed gains in news and is looking at a fall slate of sports, animated and unsripted content.

Half-year earnings at UK’s largest commercial network, ITV, fell more than 50%, its latest interim financials show.

Prince Harry and Meghan Markle are reportedly heading to marriage counselling after a 'tough' year, according to one royal insider.