Read this: ITV reveals another $37m in cuts confirms 800 staff furloughed as ads slump – TBI Vision
Summary: UK commercial broadcaster ITV has revealed the immediate impact of the Covid-19 crisis on its business, with around 800 staff furloughed and advertising revenues slumping 42 in April. The news confirms the devastating effect Covid-19 has had on advertising, and in turn on commercial broadcasters, but there was also relief from investors that the ad revenue decline was not around the expected 50 mark. - tbivision.comtbivision.comITV reveals another $37m in cuts confirm…
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