ITV PLC Commercial Investor Seminar Transcript

Nov 10, 2021 / 03:30PM GMT
Dame Carolyn J. McCall - ITV plc - Chief Executive, Member of Management Board & Director

Good afternoon, everyone, and welcome to the ITV commercial investor seminar. This is the first in our series of seminars to provide you with a deeper dive into the business and the delivery of our strategy. Our session today will be followed by ITV Studios on the 9th of December and Media and Entertainment in March next year. At the end of today's presentation, there will be plenty of time for your questions. So please just use the dial-in details which were included in our announcement this morning.

So I'll start with a quick overview of our Q3 trading update, which we announced this morning. As you will have seen, we delivered a very strong performance over the first 9 months with total external revenue up 28% compared to 2020 and up 8% compared to 2019. ITV Studios has maintained really good momentum in the period. It has mitigated many of the challenges of COVID-19 and continues to take advantage of the strong demand for quality content globally. Total revenue was up 32% in the 9 months compared to

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