Home / Business / Sky to Buy ITV’s Media Arm for Up to $2.1 Billion

Sky to Buy ITV’s Media Arm for Up to $2.1 Billion

Sky will acquire ITV’s Media and Entertainment business for up to $2.1 billion, funding a payout and standalone ITV Studios.

It’s finally official. Comcast-owned U.K. pay-TV operator Sky has agreed to acquire ITV‘s Media and Entertainment business for total consideration of up to £1.6 billion ($2.14 billion).
The deal, expected to close in the second half of 2027, will sep… [3804 chars]

Source: Variety | Published: 2026-07-06T06:24:53Z

Credit: Variety

Tagged: