Business
Sky Buys ITV Media Arm for $2.1 Billion
Sky agreed to acquire ITV’s Media and Entertainment business for up to $2.1 billion, creating a standalone global content company. The deal is expected to close in the second half of 2027 and will separate ITV Studios into two entities.
Coverage timeline — 1 article
Variety
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 bil
2026-07-06 06:24 UTC