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Sky to Buy ITV’s Media Arm for Up to $2.1 Billion: ‘This Is a Defining Moment for British Media’

Variety 06 July 2026 1h ago
Sky to Buy ITV’s Media Arm for Up to $2.1 Billion: ‘This Is a Defining Moment for British Media’
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Relevance
10/25
Freshness
25/25
Authority
18/20
Brand Signal
6/15
Depth
4/15
Relevance Freshness Authority Brand Depth
It’s finally official. Comcast-owned U.K. pay-TV operator Sky has agreed to acquire ITV’s Media and Entertainment business for total consideration of up to £1.6 billion ($2.14 billion). The deal, expected to close in the second half of 2027, will separate ITV Studios into a standalone global content business and return roughly £950 million ($1.27 billion) […]
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