Stv

STV Group has reported a 22% year-on-year drop in operating profit, attributing the decline to a challenging TV advertising landscape and inflationary cost pressures. The group also announced that CEO Simon Pitts will step down in the next 12 months to start a new appointment in Q1 2025. The board h

Scottish broadcaster STV Group has reported it is bracing for a downturn in operating profit for the year ending 31 December 2023. The anticipated profit is projected to be around £20 million, a figure impacted by the weakening national TV advertising market and a slowdown in studio commission

BBC Studioworks has officially launched its new 10,500 sq. ft purpose-built studio, set in the heart of Glasgow’s West End in the iconic Kelvin Hall. Co-funded by the Scottish Government, through Screen Scotland and Glasgow City Council, the facility is a major boost to Scotland’s capaci

STV has posted pre-tax profits of £10.6 million for the first six months ending 30 June, a 25% increase from £8.5m for the same period last year. Its interim report shows a healthy financial position and positive outlook for H2. Revenues grew 3% to £62.1m (£60.3m H1 2022), an

STV is currently on track to exceed its £40 million Studios revenue target for 2023, signalling a 7% increase for the broadcaster. The news came as STV Studios and Tod Productions announced that they have won an 8-part scripted series "Criminal Record" for Apple TV. The broadcaster said that t

Women’s Enterprise Scotland (WES) and STV have announced a new strategic partnership to help develop and grow women-led business in Scotland.

STV has announced a pre-tax loss of £4.9 million in the first half of this year, a decrease from a profit of £9.1m in the same period last year.  The broadcaster said its national advertising revenue had plummeted by 23% and its regional performance had dropped by 18%.

STV has announced that it has suspended its planned dividend of 14.7p per share and embarked on a cost-cutting mission to ensure that it remains "financially resilient" amid the COVID-19 crisis. The broadcaster issued a trading update yesterday which said that it would suspend its final dividend for

STV Group Plc has announced its Full Year Results for 2019 reporting an adjusted operating profit increase of 13% to reach £22.6 million, marking the highest level in over a decade. The broadcaster's adjusted earnings per share also rose by 13% to reach 46.6p per share, rising from 41.1p in 20

Three leading tech for good entrepreneurs have been selected for the Startup Summit Competition final, where they will compete for a top prize worth over £220,000.