242 ITV plc Annual Report and Accounts 2023 ITV plc Annual Report and Accounts 2023 243 A SUBSIDIARY UNDERTAKINGS AND INVESTMENTS CONTINUEDGLOSSARY DD I T ION (59) Soder Malarstrand 65, 11825, Stockholm, (69) #1302, Tower-3, Indiabulls Finance Centre, (79) 3 Kings Brook Close, Rempstone, Advertiser funded platform or channel – Impact or Commercial Impact – one Share of Viewing (SOV) – the share of the A L SwedenSenapati Bapat Road, Elphinstone Road Loughborough, England, LE12 6RR I platform or channels that include Commercial Impact is defined as one total viewing audience during a defined N (60) Scharenmoosstrasse 105, 8052, Zurich, (West), Mumbai, Mumbai City, Maharashtra (80) 9th Floor, Azar Building, Sami Solh Avenue, advertising as part of the user experience viewer watching one 30-second television period gained by a programme or channel. FOR Switzerland40013, IndiaBeiruit, Lebanon e.g. ITV Family of channels, ITVX commercial This measure includes viewing of BBC M (61) 23 Habarzel Street, Tel Aviv, 69710, Israel(70) Lars Hilles Gate 30, 5008, Bergan, Norway(81) 1 Television Centre, 101 Wood Lane, London, channels. Unless stated otherwise, SOV A T (63) Building 2, Dubai Media City, Dubai, UAE(71) 10 rue Maître Jacques, 92100 Boulogne, United Kingdom, W12 7FABroadcasters’ Audience Research Board ITV Family – the ITV family of linear TV figures cited throughout this report are ION (64) 12 boulevard des Iles, 92130 Issy-les-Billancourt, France(82) 3rd Floor, 20 Orange Street, London, United (BARB) – organisation owned by channels which includes ITV1, ITV2, ITV3, based on BARB data and are based on the Moulineaux, Paris, France(72) 5–7 rue Saint-Augustin, 75002, Paris, FranceKingdom, WC2H 7EFbroadcasters and advertisers, providing ITV4, ITVBe, CITV (which moved onto ITVX universe of individuals (65) Avenida Cidade de Lisboa, Frente Sucupira, 2° (73) DLA Piper Denmark, Radhuspladsen 4, 1550 (83) Portwall Place, Portwall Lane, Bristol, BS1 data on linear and online television viewing in H2 2023) and all associated +1 and andar, Cidade de Praia, Cape VerdeKobenhavn V, Denmark6NAstatistics by UK householdsHD equivalents Share of Commercial Viewing (SOCV) – (66) Fitzrovia House, (3rd Floor), 153-157 (74) Finsensvej 6E, 2000, Frederiksberg, Denmark(84) Calle Puccini 3, San Bartolome de Tirajana, the share of total viewing of audiences Cleveland Street, London, W1T 6QW, (75) Aumento Advokatfirma, Ny Osteragde 3,4, 35109 Las Palmas, Gran Canaria, SpainCatch up viewing – non-live viewing of Linear television – television service during a defined period as a proportion of United Kingdom1101, Kobenhavn, Denmarkrecently broadcast television programmes, where the viewer has to watch a scheduled all ad-supported commercial broadcaster (67) 27 Mortimer Street, London, England, (76) 120 West 3rd Avenue #201, Vancouver BC either via a recording device, often called TV programme at the particular time it is viewing in the UK. This measure excludes W1T 3JFV5Y 1E9, Canadaa personal video recorder (PVR) or digital offered, and on the particular channel it is the BBC (68) C/O Dentons UK and Middle East LLP, (77) 101c Telok Ayer Street, Singapore 068574video recorder (DVR), such as Sky or presented on Quartermile One 15 Lauriston Place, (78) Calle Velaquaz 18, 6-D, 28001 Madrid, Spainthrough a streaming service such as ITVX, Simulcast viewing – viewing live TV Edinburgh, EH3 9EP BBC iPlayer, Channel 4 or My5 Monthly Active User (MAU) – the average channels via a broadcaster’s streaming number of monthly registered users across service such as ITVX, at the same time as Channel 3 licences – the 15 regional a defined period who accessed ITV owned broadcast on linear TV licences and one national licence awarded and operated on-demand platforms (web, INTEREST KEY to transmit Channel 3 across the UK. All are mobile, or connected TV) Spot advertising – linear television owned by ITV except for two of the regional advertising occupying a short break during licences which are owned by STV Net Advertising Revenue (NAR) – the or between programmes (a) Ordinary(f) Cumulative redeemable preference(k) Preference amount of money received by a broadcaster (b) Deferred(g) Convertible preference(l) Part PreferenceDigital revenue – includes revenue from as payment for television spot advertising Streaming service – online provider of (c) Special deferred(h) Membership / Partnership(m) Branchdigital advertising, subscription, linear net of any commission paid to agencies unlimited, on-demand streaming of (d) Redeemable preference(i) Guaranteeaddressable advertising, digital content such as TV shows, films and (e) Cumulative preference(j) Commonsponsorship and commercial partnerships, Non-consolidated licensees – the two original programming over the internet to a ITV Win (digital competitions platform) regional channel 3 licences that ITV does TV, computer, or mobile device and other revenues from digital not own. These licences are owned by STV business ventures and revenues received from these licences Subscriptions – users of ITVX’s premium for ITV programming content are referred tier, which includes those who pay ITV FAST channels – Free Ad-supported to as minority revenues directly, those who are paid for by an Streaming TV services – curated, operator, and free trialists data-driven channels that are always on Ofcom – communications regulator in the with content that evolves and changes UK who regulate the TV, radio and Subscription streaming service – a depending on viewer preferences video-on-demand sectors, fixed-line paid-for, subscription streaming service telecoms (phones), mobiles and postal available to subscribers on demand but Free-to-air (FTA) television – viewing of services, plus the airwaves over which for a fee e.g. ITVX premium television through devices not requiring wireless devices operate a subscription such as the Freeview or Total Advertising Revenue (TAR) – this Freesat services SDN – multiplex operator owned by ITV, includes ITV Family NAR, advertising via which operates one of the eight national ITVX, programme sponsorship revenue Intellectual Property (IP) – intangible multiplex licences in the UK on Freeview and other affiliated advertising revenue property that is the result of creativity streams Share of Commercial Impacts (SOCI) – Inventory – advertising inventory is the the term used to define the share of total Total ITV Streaming Hours – the total number of advertisements or amount of UK television commercial impacts number of hours viewers spent watching advertising space, which we have available delivered by one channel or group of ITV across all streaming platforms. This to sell to advertisers channels. This measure excludes viewing figure includes both advertiser-funded of BBC channels as they do not generate and subscription streaming commercial impacts. Unless stated otherwise, SOCI figures cited throughout YouView – a joint venture (with the this report are based on BARB data and BBC, Channel 4, Channel 5, BT, TalkTalk, are based on the universe of Adults (16+) and Arqiva) to operate and promote a hybrid television platform combining Freeview channels with catch up and on-demand service * Direct subsidiary ** Having met the criteria under Regulation 7 of the Partnership (Account) Regulations 2008 (SI 2008/569) these Limited Partnerships have taken the exemption to deliver accounts to the Registrar of Companies