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ITV operating profits up 17%

ITV has posted a 17% rise in 2012 profit before tax, helped by growth in non-advertising revenues, and said it would pay shareholders a £156m special dividend.

The broadcaster reported adjusted earnings for 2012 of £520m on total external revenues up 3% to £2.2bn.

The jump was helped by the sale of rights to programmes such as Mr Selfridge (see above) and Titanic.

Having ended the year with net cash of £206m, the firm is paying a full year dividend of 2.6p and a special dividend of 4.0p.

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