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Slump in ad revenue outweighs record income from studio businessITV has recorded a sharp drop in annual profits as the brutal advertising downturn seen last year outweighed record revenues in its studios business, which made the recent hit drama Mr Bates v the Post Office.The UK’s largest free-to-air commercial broadcaster said pre-tax profits had fallen 61% to £193m in 2023 against £501m in 2022...

Matt Le Tissier and John Hartson recommended product but did not reveal they were being paidFormer footballers Matt Le Tissier and John Hartson broke UK advertising rules by posting promotional tweets about a cannabidiol (CBD) product without telling consumers they were being paid by its retailer, the industry watchdog has said.The Advertising Standards Authority (ASA) investigated complaints about a number of posts on X,...

Tributes flow for pioneer and ‘doyen’ of industry who has died at the age of 81Get our morning and afternoon news emails, free app or daily news podcastHarold Mitchell, the advertising industry figure known as Australia’s pioneering and most influential media buyer, has died, aged 81.The Melbourne businessman said in his autobiography that he and a few others “changed how advertising works” in Australia...

British singer says ‘I am proud of my physicality’ after advert is banned by Advertising Standards AuthorityFKA twigs has defended a Calvin Klein advertisement she featured in that was banned earlier this week by the UK’s Advertising Standards Authority (ASA).The singer appeared in the poster ad dressed in a shirt held across her semi-nude body. Following two complaints from the public, the ASA said...