Job Cuts, Content Sharing, Exec Rejigs & Protracted Antitrust Scrutiny: Five Things You Need To Know About Sky’s "Historic" Takeover Of ITV https://t.co/RQ2wBHRJk2
Comcast‘s Sky said that it has agreed to acquire the media and entertainment (M&E) unit of U.K. TV giant ITV for £1.6 billion ($2.13 billion). The deal covers ITV’s networks and streaming businesses, but not its production arm ITV Studios. https://t.co/xCWotzEqw6
Sky has finally sealed a £1.6 billion ($2.1 billion) deal to acquire ITV‘s television network operations.
ITV confirmed to shareholders on Monday morning that it will sell to its pay-TV rival, meaning a crown jewel of British broadcasting becomes part of the NBCUniversal entertainment empire https://t.co/Y3M3xUZuVx
Sky TV has agreed plans to buy ITV for £1.6 billion.
Sky say the deal will ensure ITV channels and ITVX will remain free-to-air, with its public service broadcasting commitments continuing to be met in full.
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Comcast’s Sky has agreed to buy ITV’s media and entertainment business in a deal that will see ITV spin ITV Studios off into a separate London-listed business. https://t.co/zgGYMn2DVe