Comcast-owned Sky is selling its media and entertainment arm to ITV, which will operate as a pure-play global content business listed on the LSE.
4 reports, 3 independent
Updated Jul 8
Gone quiet
Reached 3 outlets in its first 24 hours
- Reports
- 4
- Developments
- 4
- Repetition
- 25%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Comcast-owned Sky is selling its media and entertainment arm to ITV, which will operate as a pure-play global content business listed on the LSE.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- ITV announced that it is listing its shares on the London Stock Exchange (LSE). The company structure includes ITV Studios and its manufacturing & engineering division.Sub-event
Announced a £1.6 billion deal to merge and compete.1 source
ITV's media arm faces setbacks amid ongoing takeover activity.1 source
Sky's media arm is being sold to ITV as part of Comcast's major corporate restructuring.1 source
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The entities involved
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Comcast
American multinational telecommunications conglomerate
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ITV
TV network in the United Kingdom
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London Stock Exchange
stock exchange in the City of London