Sky to Buy ITV’s Media Arm for Up to $2.1 Billion: ‘This Is a Defining Moment for British Media’
Source: www.variety.com ·
Section: entertainment-sports ·
Bias: Center-Right
· Published: Mon, 06 Jul 2026 06:24:53 GMT
It’s finally official. Comcast-owned U.K. pay-TV operator Sky has agreed to acquire ITV’s Media and Entertainment business for total consideration of up to £1.6 billion ($2.14 billion). The deal, expected to close in the second half of 2027, will separate ITV Studios into a standalone global content business and return roughly £950 million ($1.27 billion) […]
Read the full article at www.variety.com →
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