ITV to cut show budgets and costs by £30m

ITV to cut show budgets and costs by £30m2 publishers · first seen Tue, 10 Nov 2026 16:05 UTC · updated Wed, 11 Nov 2026 18:21 UTCITV plans to cut costs by £30 million by the end of the year, citing weakened advertising demand due to macroeconomic uncertainty, increased digital advertising on global streaming platforms, and new regulations on junk food advertising. The company expects total ad revenues to fall by 2% to 3% for the full year. ITV is also selling its television and streaming business to Sky for £1.6 billion, a deal that has triggered investigations by the Competition and Markets Authority and Ofcom over concerns about media plurality and potential US political influence on editorial independence.Content auto-generated. May contain inaccuracies.

ITV to cut show budgets as UK TV and film production spend drops by more than £2bn (The Guardian – UK, Wed, 11 Nov 2026 18:21 UTC)

ITV to cut costs by £30m on back of worsening advertising market (Yorkshire Post, Wed, 11 Nov 2026 10:44 UTC)