Media Breakup drama continues at ITV despite long run of profitable hit shows
The Guardian|December 09, 2024
Carolyn McCall enters her eighth year as boss of ITV; she might be forgiven for wondering if she should have taken the chance to run Marks & Spencer instead.
Mark Sweney
Media Breakup drama continues at ITV despite long run of profitable hit shows

McCall revealed the approach in 2016 while quashing speculation she was poised to leave easyJet, where her reputation had soared after she turned around the fortunes of the budget airline.

McCall didn't pursue the M&S job, but the following year accepted the role at ITV, officially taking over from Adam Crozier in January 2018. However, the Midas touch she enjoyed in the aviation sector has proven elusive in the TV industry.

When McCall, who was chief executive of Guardian Media Group from 2006-2010, joined ITV, its market capitalization stood at £7.25bn, a far cry from the sub-£2.5bn levels at which investors have valued the company despite her best efforts. The streaming era has ingrained in investors—and potential buyers—the belief that traditional TV viewing will remain in a downward spiral and that broadcasters such as ITV will not be able to exploit the digital age.

Denne historien er fra December 09, 2024-utgaven av The Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 09, 2024-utgaven av The Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE GUARDIANSe alt
Fixing railway problems will take years, says minister
The Guardian

Fixing railway problems will take years, says minister

Passengers may lose patience with the government before it can make the changes needed to fix the railway, the rail minister Peter Hendy conceded, as he promised that action was coming after \"years of torpor\".

time-read
1 min  |
March 04, 2025
McColgan hits out at online abuse of daughter Eilish
The Guardian

McColgan hits out at online abuse of daughter Eilish

The Olympic silver medallist Liz McColgan has hit out at the \"demeaning and abusive comments\" received on social media by her daughter, Eilish, the reigning Commonwealth Games 10,000m champion.

time-read
1 min  |
March 04, 2025
The Guardian

European carmakers given extra time to meet green targets

European carmakers are to be given two extra years to meet this year's pollution target, the European Commission president, Ursula von der Leyen, has said, in a further rollback of her green deal climate policies.

time-read
1 min  |
March 04, 2025
Art detective cracks case of masterpiece that vanished in 70s
The Guardian

Art detective cracks case of masterpiece that vanished in 70s

A \"spectacular\" stolen Flemish masterpiece has been rediscovered at a provincial Dutch museum thanks to the efforts of an art detective and an antiques magazine.

time-read
1 min  |
March 04, 2025
Israel preparing 'hell plan' to press Hamas over terms of Gaza ceasefire, reports say
The Guardian

Israel preparing 'hell plan' to press Hamas over terms of Gaza ceasefire, reports say

The Israeli government is reportedly planning to ratchet up its blockade on Gaza as part of what it has called a \"hell plan\" to press Hamas into further hostage releases without a troop withdrawal from the Palestinian territory.

time-read
2 mins  |
March 04, 2025
The Guardian

Democrats invite sacked federal workers to watch Trump address

Workers fired in Donald Trump's mass purge of the federal government will attend his address to a joint session of Congress today at the invitation of Democrats who want to display the human costs of the president's radical policies.

time-read
1 min  |
March 04, 2025
The Guardian

Prada edging towards deal with Capri to buy Versace for £1.2bn

Prada is in talks to buy the Versace fashion brand from the US investor Capri Holdings for a price that could reach nearly €1.5bn (£1.2bn/$1.57bn).

time-read
1 min  |
March 04, 2025
Minister said NHS might use Dyson ventilators to 'help marketing abroad'
The Guardian

Minister said NHS might use Dyson ventilators to 'help marketing abroad'

A minister told a senior official that ventilators might need to be bought from Sir James Dyson \"so that he can then market [them] internationally\" as \"being used in UK hospitals\" after the businessman spoke to Boris Johnson, the Covid inquiry has heard.

time-read
2 mins  |
March 04, 2025
The Guardian

PM's diplomatic moves mark a clear end to post-Brexit era of active EU antagonism

Britain is back. That was the concise verdict of Éléonore Caroit, the vice-chair of the French national assembly's foreign affairs committee. And the optics of Sunday's crisis talks on Ukraine bore this out, with Keir Starmer at the very centre of the leaders' joint photo.

time-read
2 mins  |
March 04, 2025
Millwall anger at 'suggestion Roberts set out to hurt Mateta'
The Guardian

Millwall anger at 'suggestion Roberts set out to hurt Mateta'

Millwall have condemned the \"character assassination\" of Liam Roberts, as they await a possible extended ban for the goalkeeper's challenge on Crystal Palace's Jean-Philippe Mateta in their FA Cup tie.

time-read
1 min  |
March 04, 2025