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

The GuardianFriday, November 7, 2025 at 10:27:26 AM
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ITV shares soar as it holds talks to sell television business to Sky
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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