Comcast’s Sky to Acquire ITV’s Networks and Streaming Businesses in $2.13 Billion Deal
Comcast-owned Sky is acquiring ITV's broadcast and streaming divisions in a deal valued at $2.13 billion.
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The brief
Sky has reached an agreement to purchase ITV's networks and streaming businesses. The deal is valued at £1.6 billion, or approximately $2.1 billion, according to reports from Sky News and CNBC.
Coverage from the BBC and The Hollywood Reporter focuses on the potential impact on television programming and the necessity of a regulatory process. Specifically, ITV is preparing for a "thorough and comprehensive" antitrust review of the takeover.
Future developments depend on the outcome of the antitrust review. Coverage does not yet specify when the transition will be completed or which specific shows will be affected.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 3h ago.
Quick answers
How much is Sky paying for the acquisition?
Sky is paying £1.6 billion, which is reported by CNBC as a $2.1 billion deal.
What parts of ITV are being acquired?
Sky is acquiring ITV's broadcast and streaming division.
Is the deal finalized?
The deal faces a "thorough and comprehensive" antitrust review, according to The Hollywood Reporter.
Coverage (5)
- What Sky's massive £1.6bn deal to buy ITV means for your favorite TV shows —and why ITVX and Now could change Yahoo · 1d ago
- Sky to pay £1.6bn for ITV's broadcast and streaming division Sky News · 1d ago
- What Sky buying ITV could mean for your favourite shows BBC · 1d ago
- ITV Braces for “Thorough and Comprehensive” Antitrust Review of Sky Takeover The Hollywood Reporter · 1d ago
- ITV and Sky reshape British TV landscape with $2.1 billion deal CNBC · 1d ago
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