ITV boss Adam Crozier is still pushing his way through a 5-year transformation plan at the network home of Downton Abbey. In a first quarter results report this morning, ITV said it had external revenues of £565M for a 13% increase over the same period in 2011. Crozier noted that ITV Studios, the production arm of the network, had done particularly well with revenues up 61% to £212M. The net, which airs Simon Cowell’s Britain’s Got Talent, was down 2% in viewership. That show has been locked in a ratings battle with BBC1′s The Voice, although it’s recently pulled ahead. Crozier said, “We remain confident in our schedule with Euro 2012 in June and a strong Autumn line up.”


Less talent shows more drama might help increase viewers
Growth in production revenues doesn’t mean much until you see what the costs are. In their last full year, costs went up by just as much as income. Also they haven’t specified how much of that increase is from internal supply ie ITV making shows for itself (such as the daily breakfast show which is probably worth £20m pa). Turnover is vanity innit.