STV Group plc (GB:STVG) has released an update.
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STV Group PLC reports solid performance amidst challenging market conditions, with a 2-3% increase in total advertising revenue expected for 2024. The company’s studios division continues to thrive, securing notable commissions, while cost-saving measures are on track to achieve significant savings. The STV Player has also gained traction with popular content acquisitions, enhancing viewer engagement.
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