Job Cuts, Content Sharing, Exec Rejigs & Protracted Antitrust Scrutiny: Five Things You Need To Know About Sky’s “Historic” Takeover Of ITV

Article excerpt

Sky’s planned £1.6 billion ($2.1 billion) takeover of ITV is an unprecedented coming together in British media, establishing the UK’s biggest commercial broadcaster. The two companies aim to complete their union next year, creating what they described as a British “streaming champion,” even if their respective businesses are tied up in legacy linear television networks. […]