STV Studios has secured a £21.4 million deal to acquire Greenbird Media, incorporating its network of 15 independent production companies and increasing the STV Studios' number of labels from nine to 24. The acquisition facilitates STV Studios' expansion with bases in Glasgow and London, and t
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Scottish broadcasting giant STV Group has posted a trading update revealing a 'solid year' for the company, despite flat profits. Profits were almost flat at -1.5% over the year, against the record £25.2 million reported in 2021.
STV Group plc has posted its highest revenue on record at £144.5 million in 2021, as the broadcaster hailed continued growth. STV Group's revenues rose by 25% throughout 2021, while its adjusted operating profits rose to £25.2m, signalling a 39% increase from the year before.