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Read this: ITV revenue warning: Lehman Brothers trims forecast for broadcaster | Media | guardian.co.uk

Summary: Lehman Brothers' report branded the relaunch of ITV1's 9pm weekday slot a failure and argued that investors should not be satisfied with the pace of Grade's plan to revitalise the broadcaster and called for greater urgency. The bank has cut revenue estimates for ITV's broadcasting, production and online operations for 2008. In production operation, which has a target of doubling annual revenue to 1.2bn by 2012, the report has cut revenue growth estimates from 14 to 10 in 2008. - guardian.co.uk

Read full article: www.guardian.co.uk link icon  ITV revenue warning: Lehman Brothers tri…



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