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ITV sells media and entertainment arm to Sky for £1.6bn
ITV has finalized a £1.6 billion deal to sell its media and entertainment arm to Sky. The agreement covers ITV's broadcast channels and the ITVX streaming service, while ITV Studios will continue as an independent content producer.
ITV has finalized a £1.6 billion deal to sell its media and entertainment arm to Sky. The agreement covers ITV's broadcast channels and the ITVX streaming service, while ITV Studios will continue as an independent content producer. Full story and more reels: https://newsreel.video #ITV #Sky #Media #Business #Entertainment
Originally reported by BBC News.
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