Image: Hollywood ReporterComcast’s Sky to Acquire ITV’s Networks and Streaming Businesses in $2.13 Billion Deal
• Comcast's Sky has reached an agreement to acquire the networks and streaming businesses of UK media giant ITV in a deal valued at $2.13 billion. • The transaction excludes ITV Studios, the company's production arm, which is slated to become a standalone business following the acquisition. • This strategic move allows Sky to significantly expand its content distribution and streaming capabilities within the competitive UK television market.
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