ITV and STV extend partnership for streaming age

RNS Number : 0502J

STV Group PLC

08 December 2022

 

 

7am, 8 December 2022

ITV and STV extend content and advertising sales partnership for the streaming age

· STV Player makes new ITVX premiere content exclusively available in Scotland

· ITV becomes exclusive advertising sales agent for STV Player digital advertising

· STV also accelerates targeted advertising capability by joining ITV's addressable advertising platform, Planet V

ITV and STV today announce an enhanced strategic partnership around content sharing and advertising sales that creates incremental digital value for both companies and aligns their interests in the streaming age.

The long-term agreement will see STV's streaming service, STV Player, take exclusive Scottish rights for an exciting range of ITVX original and premiere content over the coming years. This includes UK original dramas like A Spy Among Friends and The Confessions of Frannie Langton, both launching on ITVX and STV Player today, and other titles such as Nolly, starring Helena Bonham Carter as the iconic soap star Noele Gordon, and Litvinenko, starring David Tennant in the title role. The partnership is expected to encompass at least 100 hours of original content per year.

ITV's market-leading sales team will take on exclusive responsibility for selling all digital VOD and simulcast advertising inventory on STV Player from 2023, immediately e xtending ITV's sales reach and allowing STV to benefit from ITV's unrivalled scale in the UK market.

As part of the agreement STV will also join ITV's addressable advertising platform, Planet V, allowing advertisers to access STV's inventory alongside ITV's unparalleled combination of mass simultaneous reach and data-driven, targeted advertising. Planet V is already used by all the major advertising agencies.

The new arrangements build on STV and ITV's existing contractual relationships which remain in place. Under these arrangements, ITV will continue to represent STV for linear national advertising and STV will continue to be responsible for all Scottish advertising. STV Player will also continue to be available to viewers across the UK with its extensive library of third-party content.  

STV Chief Executive Simon Pitts said:

"This exciting new partnership significantly strengthens STV and ITV's digital businesses for the streaming age. It's great news for Scottish viewers who will be able to access a huge array of new UK original content for free on STV Player, starting today with the brilliant A Spy Among Friends starring Damian Lewis and Guy Pearce, followed by David Tennant in the gripping drama Litvinenko. Scottish advertisers will also benefit from a 'one stop shop' of mass audiences and the best in data-driven targeting."  

Kelly Williams, ITV's Managing Director, Commercial welcomed the new agreement:

"ITV and STV have been close partners for over 50 years and this new deal makes that partnership fit for the digital age.

"We are delighted to be able to offer the market for the first time, and in one place, the ability to buy the mass reach of linear advertising coupled with addressable streaming inventory across the entire UK ITV/STV network.

"STV joining ITV's addressable advertising platform Planet V is an important step in the development of the platform which is already used by all the major advertising agencies."

Media Contact:

Kirstin Stevenson, STV

07803 970106

[e-mail]

Tom Hodson, ITV

07557 494401

[e-mail]

Paul Moore, ITV

07860 794444

[e-mail]

Notes to Editors:

The deal will take effect immediately and titles such as A Spy Among Friends will be available on STV Player in Scotland from 8^th December with further content available at the same time on ITVX and STV Player.  The arrangement continues to end of 2029 provided both STV and ITV continue to hold PSB licences.

 

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