242 ITV plc Annual Report and Accounts 2023 ITV plc Annual Report and Accounts 2023 243 A SUBSIDIARY UNDERTAKINGS AND INVESTMENTS CONTINUED GLOSSARY 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 Sweden Senapati 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 Switzerland 40013, India Beiruit, 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 7FA Broadcasters’ 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, France Kingdom, WC2H 7EF broadcasters 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 Verde Kobenhavn V, Denmark 6NA statistics by UK households HD 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, Spain Catch up viewing – non-live viewing of Linear television – television service during a defined period as a proportion of United Kingdom 1101, Kobenhavn, Denmark recently 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 3JF V5Y 1E9, Canada a 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 068574 video recorder (DVR), such as Sky or presented on Quartermile One 15 Lauriston Place, (78) Calle Velaquaz 18, 6-D, 28001 Madrid, Spain through 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 Preference Digital revenue – includes revenue from as payment for television spot advertising Streaming service – online provider of (c) Special deferred (h) Membership / Partnership (m) Branch digital advertising, subscription, linear net of any commission paid to agencies unlimited, on-demand streaming of (d) Redeemable preference (i) Guarantee addressable advertising, digital content such as TV shows, films and (e) Cumulative preference (j) Common sponsorship 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