ITV to cut costs by £30m amid falling advertising sales
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Ad revenue slowdown forces company to reduce spending on content by £25m before inquiry into takeover by Sky
ITV says it expects advertising sales to drop by as much as 10% in the final quarter of the year, and between 2% and 3% over the course of the full year. Photograph: Lauren Hurley/PAITV says it expects advertising sales to drop by as much as 10% in the final quarter of the year, and between 2% and 3% over the course of the full year. Photograph: Lauren Hurley/PAITV to cut costs by £30m amid falling advertising sales
Ad revenue slowdown forces company to reduce spending on content by £25m before inquiry into takeover by Sky
