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Share Price Information for ITV (ITV)

London Stock Exchange
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Share Price: 80.85
Bid: 80.80
Ask: 80.90
Change: 0.35 (0.43%)
Spread: 0.10 (0.124%)
Open: 80.65
High: 81.90
Low: 80.55
Prev. Close: 80.50
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TV viewing surges during Britain's lockdown, led by streaming services

Wed, 05th Aug 2020 00:01

By Paul Sandle

LONDON, Aug 5 (Reuters) - Britons spent 40% of their waking
day watching TV and online video at the height of the COVID-19
lockdown in April, including spending twice as long watching
streaming services like Netflix, Disney+ and Amazon Prime Video,
regulator Ofcom said.

Adults, who were advised by the government in late March to
stay at home, spent on average six hours and 25 minutes a day
watching news and entertainment, Ofcom said, a rise of almost a
third on the same month a year ago.

Prime Minister Boris Johnson's announcement on May 10 that
lockdown measures would be eased was the most watched programme
of the year so far, with 18.7 million viewers, while the
imposition of lockdown on March 23 was second with 14.6 million.

Queen Elizabeth's broadcast to the nation was third with 14
million.

When they were not watching news and information about the
pandemic, Britons increasingly turned to video streaming
services for entertainment.

An estimated 12 million adults signed up to a new streaming
service in the first weeks of lockdown, of whom 3 million had
never subscribed to one before, Ofcom said.

Disney+, which was launched by the U.S. entertainment group
in Britain on the first day of lockdown, made an
immediate impact, attracting 16% of online adults by early July
to become the third-ranked service behind Netflix,
which had 45%, and Amazon Prime Video, with 39%.

Traditional broadcasters, led by the publicly funded BBC and
its commercial rival ITV, briefly achieved their highest
combined share of broadcast TV viewing in more than six years in
March.

But the boost proved short lived and their share dropped
back by June as the pandemic interrupted the production of soap
operas, major sporting events and entertainment shows, Ofcom
said.
(Reporting by Paul Sandle
Editing by David Holmes)

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