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

Article excerpt

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 […]