ITV double income by 2012
Michael Grade, executive chairman of ITV outlined a five-year, self-funding strategy to increase revenue, improve programming and expand its online audience. Grade's plan – envisaging a doubling of income from ITV Productions to £1.2 billion (E1.71bn) by 2012 and a quintupling of Internet revenue to £150 million within three years – hinged on self-sufficiency. “We […]