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STV Studios secures bumper Yorkshire Auction House order from Warner Bros. Discovery UK & Ireland – plus a brand-new spin-off series
20th March 2024STV Studios has secured a 40-episode commission from Warner Bros. Discovery UK & Ireland to produce a brand-new series of The Yorkshire Auction House, Celebrity Yorkshire Auction House, and spin-off version, The Derbyshire Auction House, for the Really channel. The commission includes the fifth series of hit show The Yorkshire…
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Simon Pitts, Chief Executive Officer, to step down over next 12 months
13th March 2024STV Group plc (“STV” or the “Company”) today announces that Simon Pitts has informed the Board of his decision to step down from his role as Chief Executive Officer over the next twelve months to take up a new appointment beginning in Q1 2025. Until his departure Simon will remain…
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Diversification targets exceeded; profit in line with guidance; new 3-year growth plan; CEO succession
13th March 2024Highlights Diversification strategy continues to accelerate: Group revenue growth of 22% Studios revenue and adjusted operating profit trebles Digital revenue +6% and operating profit +16% 75% of Group adj. operating profit outside broadcasting, well ahead of 50% target Adjusted Group operating profit of £20.1m down 22%, impacted by linear advertising…
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Brookside stars’ delight as STV Player reveals huge streaming numbers one year after relaunching iconic soap
7th February 2024Brookside has been streamed over 14 million times since February 2023 In Scotland, classic show streamed more times than Coronation Street and Emmerdale across the year Liverpool and Isle of Man revealed as hotspots for Brookie fans Former Brookside actors Sunetra Sarker and Alex Fletcher have said they’re “thrilled” and…
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STV Studios becomes majority shareholder in high-end scripted production company, Two Cities Television
31st January 2024Increased equity stake from 25% to 51% accelerates STV Studios’ growth plan and is materially earnings enhancing High-end drama producer has secured revenues of £55m over next 3 years across multiple series Investment will help underpin Two Cities’ growth and strengthen STV Studios’ position as leading Nations & Regions producer…
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STV Studios welcomes Andy Sockanathan and James Smales to Entertainment development team
22nd January 2024Beat the Chasers co-creator Andy Sockanathan appointed director of development at STV Studios Entertainment Picture Slam co-creator James Smales joins as development executive The pair will work to expand and strengthen STV Studios Entertainment’s slate in the UK and internationally STV Studios has announced the appointment of Beat the Chasers…
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