UK broadcaster ITV's advertising revenue falls 42% in April

ITV, Britain's biggest free-to-air commercial broadcaster, said the coronavirus pandemic had hit advertising, with ad revenue last month down by 42%, and an uncertain outlook meant it could not give guidance for the rest of the year.

The company, which paused the majority of its studio productions in mid-March and has furloughed around 800 workers, said it had withdrawn its 2019 final dividend.