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The Hollywood Reporter·3 min read·medium

Comcast's Sky to Acquire ITV Networks, Streaming Unit

G
Georg Szalai
Comcast's Sky to Acquire ITV Networks, Streaming Unit
AI Summary

Comcast's Sky has agreed to acquire the media and entertainment unit of U.K. broadcaster ITV for $2.13 billion. The deal includes ITV's streaming platform and commercial channels, while ITV Studios will remain a standalone production entity.

And now, it's officially a deal! 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.

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