Stv

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STV Group has announced a strong financial performance for the first half of 2024, with total revenue up 20% to £90.4 million and adjusted operating profit up 33% to £10.6m. The company attributes this growth to its successful Studios investment strategy, an improving advertising market,

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STV Group plc has appointed Rufus Radcliffe as chief executive officer, effective from 1 November 2024. Mr Radcliffe joins STV from ITV plc where until April 2024 he was a member of the executive committee and latterly held the position of managing director of streaming, interactive and data, playin

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STV Group has reported a 22% year-on-year drop in operating profit, attributing the decline to a challenging TV advertising landscape and inflationary cost pressures. The group also announced that CEO Simon Pitts will step down in the next 12 months to start a new appointment in Q1 2025. The board h

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Scottish broadcaster STV Group has reported it is bracing for a downturn in operating profit for the year ending 31 December 2023. The anticipated profit is projected to be around £20 million, a figure impacted by the weakening national TV advertising market and a slowdown in studio commission

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BBC Studioworks has officially launched its new 10,500 sq. ft purpose-built studio, set in the heart of Glasgow’s West End in the iconic Kelvin Hall. Co-funded by the Scottish Government, through Screen Scotland and Glasgow City Council, the facility is a major boost to Scotland’s capaci

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STV has posted pre-tax profits of £10.6 million for the first six months ending 30 June, a 25% increase from £8.5m for the same period last year. Its interim report shows a healthy financial position and positive outlook for H2. Revenues grew 3% to £62.1m (£60.3m H1 2022), an

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STV is currently on track to exceed its £40 million Studios revenue target for 2023, signalling a 7% increase for the broadcaster. The news came as STV Studios and Tod Productions announced that they have won an 8-part scripted series "Criminal Record" for Apple TV. The broadcaster said that t

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STV has announced a pre-tax loss of £4.9 million in the first half of this year, a decrease from a profit of £9.1m in the same period last year.  The broadcaster said its national advertising revenue had plummeted by 23% and its regional performance had dropped by 18%.

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STV has announced that it has suspended its planned dividend of 14.7p per share and embarked on a cost-cutting mission to ensure that it remains "financially resilient" amid the COVID-19 crisis. The broadcaster issued a trading update yesterday which said that it would suspend its final dividend for

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STV Group Plc has announced its Full Year Results for 2019 reporting an adjusted operating profit increase of 13% to reach £22.6 million, marking the highest level in over a decade. The broadcaster's adjusted earnings per share also rose by 13% to reach 46.6p per share, rising from 41.1p in 20

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