ITV in talks to sell media and entertainment arm to Sky for £1.6B
ITV said on Friday it is in advanced discussions with Sky, the British pay-TV giant owned by Comcast, over a potential £1.6 billion ($2.15 billion) sale of its media and entertainment (M&E) division, including debt, marking one of the biggest shake-ups in UK broadcasting in years. Financial Times reported that any transaction would not involve […]
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