Sky owner strikes £1.6bn deal to buy ITV broadcasting in ‘rapidly changing’ media landscape - business live

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Sky owner strikes £1.6bn deal to buy ITV broadcasting in ‘rapidly changing’ media landscape - business live

Rolling coverage of the latest economic and financial news Sky, which is owned by the US media and telecoms giant Comcast, has been in talks since at least last November to buy ITV’s media and entertainment business. The deal will include the ITVX platform as well as its free-to-air channels, but not ITV’s studio operation. All of ITV’s public service commitments will be maintained under the deal. Continue reading..…