ITV saw its revenues decline 14 per cent in the first three months of this year, and said it now intended to cut costs by a further £40 million (E46m) in 2010. The firm, which announced 600 job cuts two months ago, said revenues for the January to March period totalled £425 million, down from £492 million a year earlier. ITV’s advertising sales declined 15 per cent.

…..

Other posts by :

1. Rakuten makes historic satellite video call
2. Rocket Lab confirms D2C ambitions
3. Turkey establishes satellite production ecosystem
4. Italy joins Germany in IRIS2 alternate thoughts
5. Kazakhstan to create museum at Yuri Gagarin launch site
6. AST SpaceMobile gets $42 or $1500 price target
7. Analyst: GEO bloodbath taking place
8. SES AGM results: Appaloosa still objecting
9. SpaceX’s Shotwell worth $1.2bn

Categories: Advertising, Articles, Business, Results