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ITV

ITV

Company: ITV PLCBrand value: US$2,487 million

Headquarter city: London

Industry: Entertainment

Year formed: 1955

 

ITV is the oldest and largest commercial TV network in the UK, and is best known for the long-running soap opera Coronation Street, reality contests such as X Factor, the respected ITV nightly News at Ten bulletin, and, most recently, for the hit show Love Island, which was watched by over 2.4 million people. ITV accounted for 47 percent of broadcast TV advertising revenue in the UK in 2016. ITV recently lost the rights for run its late-night highlights package on the Champions League football tournament, which means the European competition will no longer be shown on terrestrial television. EasyJet chief executive Dame Carolyn McCall will take over as ITV boss in January 2018; her appointment has made headlines for the large salary she will collect, as well as for the fact that she will be ITV’s first female CEO. ITV is also a major creator of TV content distributed via a range of other platforms, including other UK broadcasters. Its content is distributed via the ITV Hub, as well as pay TV providers such as Virgin and Sky, and through direct content deals with Amazon, Apple iTunes, and Netflix. International opportunities are a key area of focus; ITV Studios already operates in Australia, Germany, France, the Netherlands and the Nordics, where content is produced for local broadcasters. ITV Plc is listed on the London Stock Exchange.