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Deadline·3 min read·medium

Sky To Takeover ITV In $2.1B Deal That Reshapes British Television - Deadline

J
Jake Kanter, Jesse Whittock
Sky To Takeover ITV In $2.1B Deal That Reshapes British Television - Deadline
AI Summary

Sky has reached a $2.1 billion agreement to acquire ITV's television network operations. This consolidation brings a major British broadcaster under the umbrella of NBCUniversal.

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. As the Paramount-Warner Bros. Discovery merger inches towards completion, Sky’s [...]

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