ITV in talks over sale of broadcasting arm to Sky for £1.6bn
PositiveFinancial Markets

ITV in talks over sale of broadcasting arm to Sky for £1.6bn
ITV is currently in discussions to sell its broadcasting arm to Sky for £1.6 billion. This potential deal is significant as it could reshape the landscape of British television, allowing Sky to expand its content offerings while providing ITV with a substantial financial boost. Such a transaction highlights the ongoing consolidation in the media industry, reflecting the increasing competition and the need for companies to adapt to changing viewer habits.
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