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.
Velocity
How fast coverage is spreading — measured hourly from article rate × source diversity. How this works →
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 1h 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
Topics
Related trends
Who qualifies for payment in $50M settlement over Disney and streaming prices? - WGN-TV
Disney has reached a $50 million antitrust settlement concerning live TV streaming prices, opening the door for eligible subscribers to claim payouts.
Sky To Takeover ITV In $2.1B Deal That Reshapes British Television
Comcast's Sky is acquiring ITV's media and entertainment assets in a deal valued at approximately $2.1 billion to reshape the British television landscape.
Google loses fight over record $4.7 billion EU antitrust fine
Google has failed in its legal battle to overturn a record antitrust fine imposed by the European Union.
Swedish court says Google is to pay $1.5 billion to Klarna in antitrust damages
A Swedish court has ordered Google to pay significant antitrust damages to Klarna following a case regarding search abuse and price comparisons.
Wisconsin DOJ announces settlement in alleged multi-state scheme to raise egg prices
Major egg producers have reached a multi-state settlement following allegations of a conspiracy to inflate egg prices.
NBCUniversal & Sky “Fit Well Together And Are Set Up For Success” After Comcast Split, Mike Cavanagh Says
Comcast's split of NBCUniversal and Sky raises questions about the future of the businesses and potential regulatory hurdles.