World NewsITVUpdated 3 days ago

ITV Engages in Talks to Sell Television Business to Sky, Shares Surge

ITV's shares have surged as the company enters discussions to sell its television broadcasting arm to Sky for £1.6 billion. This potential deal, which excludes ITV Studios, could significantly reshape the British television landscape and reflects ongoing media industry consolidation. Investors are optimistic about the financial implications, indicating a positive outlook for ITV's future.

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World NewsITV

Updated 3 days ago

ITV Engages in Talks to Sell Television Business to Sky, Shares Surge

BBC News3 days ago

ITV in talks to sell television business to Sky

NeutralWorld Affairs

ITV is currently in discussions to sell its television business to Sky, which includes its free-to-air channels and the streaming service ITV X. This move could significantly reshape the landscape of British television, as both companies are major players in the industry. The outcome of these talks will be closely watched, as it may impact viewers and the future of content delivery in the UK.

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via BBC News

The Guardian3 days ago

ITV shares soar as it holds talks to sell television business to Sky

PositiveWorld Affairs

ITV's shares have surged as the company engages in preliminary discussions to sell its television business to Comcast, the owner of Sky, for £1.6 billion. This potential sale, which excludes ITV Studios, the producer of popular shows like Love Island, is significant as it could reshape ITV's future and enhance Comcast's media portfolio. Investors are optimistic about the deal, reflecting confidence in ITV's strategic direction.

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via The Guardian