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ITV ad slump deepens amid £1.6bn Sky deal probe

ITV ad slump deepens amid £1.6bn Sky deal probe
Image: City A.M.

ITV has warned of a sharper-than-expected slump in advertising revenue and announced £30m in fresh cost savings, as its £1.6bn sale to Sky faces a government investigation. The FTSE 250 broadcaster said on Wednesday that advertising revenue fell eight per cent in the third quarter, worse than its previous forecast of a five per cent [...]

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