* Q3 ad revenue to fall 5% despite July's football boost
* H1 adjusted operating profit flat at £146 million
* Studios profit falls 9%, partly reflecting soap changes
(Adds CEO comments on World Cup, ad market in paragraphs 2-6)
By Paul Sandle
LONDON, July 31 (Reuters) - ITV, the British
broadcaster that has agreed to sell its channels and streaming
platform to Comcast's ( CMCSA ) Sky, said the World Cup lifted first-half
ad revenue but forecast declining sales in the third quarter as
the boost from the tournament faded.
Chief Executive Carolyn McCall said more than 200 brands had
advertised around the competition, including some new to TV.
She said some brands shifted spending into June and July to
capitalise on the tournament's buzz and audiences, though it was
difficult to quantify how much had been simply brought forward.
ITV, which shared World Cup coverage with the BBC, drew a
peak audience of more than 18 million for the England versus
Norway match, one of three England games it showed exclusively.
ITV forecast a drop of around 5% in ad revenue for the third
quarter despite July's football boost.
McCall said with the shifts around the World Cup, a better
measure was the nine months to end-September, which would be
flat, outperforming the market. She added that it was too early
to see what the important final quarter would bring.
ITV, which will be a standalone production business after
the Sky deal, which is expected to close in the first half of
2027, reported flat operating profit of £146 million ($196.2
million) for the first half, slightly below analyst
expectations.
Profit at Studios fell 9%, partly due to scheduling changes
to long-running soaps including "Coronation Street".
It said revenue and profit in Studios would be weighted
towards the second half, when it has a strong slate of shows
such as "The Gentlemen" and "The Woods" for Netflix.
McCall said ITV was on track to deliver good revenue growth
in Studios and strong, profitable digital revenue growth within
its Media & Entertainment broadcast business for the full year.
($1 = 0.7440 pounds)
(Reporting by Paul Sandle; editing by Sarah Young and Ros
Russell)