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ITV forecasts 12% jump in Q2 ad revenue on Euros demand

Published by Uma Rajagopal

Posted on May 9, 2024

1 min read

· Last updated: January 30, 2026

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ITV logo with Euros soccer championship promotional graphics - Global Banking & Finance Review
The image features the ITV logo alongside promotional graphics for the Euros soccer championship, illustrating ITV's projected 12% increase in Q2 advertising revenue due to heightened viewer interest. This forecast reflects the impact of major sporting events on advertising revenue trends in the media industry.
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ITV forecasts 12% jump in Q2 ad revenue on Euros demand LONDON (Reuters) – Britain’s ITV said its advertising revenue would jump by around 12% in the second quarter, four times the level achieved in the first, boosted by the Euros soccer championship which kicks off in June. The company, which broadcast “Mr Bates vs […]

ITV forecasts 12% jump in Q2 ad revenue on Euros demand

LONDON (Reuters) – Britain’s ITV said its advertising revenue would jump by around 12% in the second quarter, four times the level achieved in the first, boosted by the Euros soccer championship which kicks off in June.

The company, which broadcast “Mr Bates vs The Post Office” in January, on Thursday reported a 6% drop in total external revenue in the first quarter to 727 million pounds ($908 million).

($1 = 0.8006 pounds)

(Reporting by Paul Sandle; Editing by Kate Holton)

Frequently Asked Questions

What is advertising revenue?
Advertising revenue is the income generated by companies through the sale of advertising space or time. This revenue can come from various media, including television, online platforms, and print.
What is the Euros soccer championship?
The Euros soccer championship, officially known as the UEFA European Championship, is a major international football tournament contested by the men's national teams of Europe, held every four years.
What is external revenue?
External revenue refers to the income generated from sales or services provided to customers outside of a company's internal operations. It is a key measure of a company's financial performance.
What is total revenue?
Total revenue is the total amount of money generated by a company from its business activities, including sales of goods and services, before any expenses are deducted.

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