I recently recorded a podcast on FTSE 250 television group ITV (LON: ITV) with my friend and fellow private investor Maynard Paton.
In this new podcast, we talked through my investment case for the business and discussed the stock's modest valuation and 6% dividend yield.
As usual, Maynard applied his forensic skills to ITV's accounts and revealed one or two potential pitfalls for investors.
The topics we discussed included:
- Why ITVX attracts far more UK viewers than any of the big streaming services
- Why I don't think the big US streamers can ever kill UK television
- ITV's mixed financial track record and recent dividend cuts
- The international growth potential of the ITV Studios production business
- How you can advertise on ITV from just £6!
- ITV's ongoing transition from broadcast TV to digital streaming, plus the surprise profit performance of BritBox
- Whether the company's Planet V digital advertising platform could become a valuable source of additional earnings
- Why I'm convinced the market is undervaluing ITV
- ITV's hefty legacy pension scheme and its ongoing deficit
- Is ITV's current strategy the right approach to the challenges it's facing ...?
- ... and is the pay package of Dame Carolyn McCall fairly linked to company performance?
- Finally, would Maynard or I buy ITV shares today?
This podcast was recorded on 29 March 2023.
Disclosure: Roland owns shares in ITV.
Disclaimer: This is a personal blog and I am not a financial adviser. The information provided is for information and interest only. Nothing I say should be construed as investing advice or recommendations.
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