ITV shares soar as it holds talks to sell television business to Sky
PositiveU.S News

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.
— via World Pulse Now AI Editorial System
