STV Group plc today announces that Rufus Radcliffe will join the Board as Chief Executive Officer on Friday 1 November 2024. Rufus Radcliffe joins STV from ITV plc where until April 2024 he was a member of the Executive Committee and latterly held the position of Managing Director of Streaming, Interactive and Data, playing a key role…
LONDON: ITV plc has extended an offer to repurchase its outstanding €600 million 1.375% notes due in September 2026. The buyback is contingent on the successful issuance of new debt under the company’s Euro Medium Term Note Programme. The tender offer, detailed in a memorandum released on June 7, 2024, invites note holders to sell…
LONDON, UK: ITV plc has announced that it has sold its entire 50% interest in digital subscription streaming service BritBox International to its joint venture partner BBC Studios for a cash consideration of £255 million. The transaction will provide net proceeds including loan repayments and accrued dividends and after tax of around £235 million. The…
LONDON, UK: ITV plc has agreed to acquire a majority interest of 79.5% in Plimsoll Productions, the largest independent producer of natural history programmes in the world and a growing premium factual producer, for a cash consideration of approximately £103.5 million, valuing Plimsoll at an Enterprise Value of £131 million, a notice said. Founded in…
LONDON, UK: ITV Plc has concluded an investment in Feel Holdings Limited, a UK-based digital health startup on a mission to clean up and disrupt the dietary supplements space. ITV has agreed to subscribe for up to £3 million convertible loan notes in Feel Holdings Limited in three tranches. Feel will commence its tailored media…
LONDON, UK: ITV Plc has concluded an investment in Nineteen21 Limited, which trades as ismybillfair.com. ismybillfair offers an online service that saves UK households time and money, by getting a fairer price for household bills from their current supplier, rather than having to go through the hassle of switching. The service is currently live for energy…