Overview

• All3Media reported a pre-tax loss of £113.5 million for 2024, up from a £27.8 million deficit in 2023, as revenue fell to £895.9 million.
• Net debt climbed by nearly £60 million to £878.1 million while headcount was cut from 3,419 to 3,113 during the first full year under RedBird IMI.
• The company attributed the 10 percent revenue decline to softer demand in a challenging market driven by an advertising slowdown and rising production costs.
• Management has rolled out operating cost initiatives, restructured production labels, and diversified into social media to bolster margins in 2025.
• RedBird IMI remains in merger talks with ITV and has drawn interest from suitors such as Banijay as it seeks further consolidation in the production sector.