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Thu 08 Aug 2009ITV earnings down 60 per cent
Struggling British broadcaster ITV expects the rate of advertising revenue decline to ease slightly in the second half of the year, after it posted a more than 60 per cent fall in first-half underlying earnings.
ITV, Britain's biggest commercial free-to-air broadcaster, said operating earnings before one-off items was down to £46 million from £121 million in 2008.
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