Wire report
Sky to Buy ITV’s Media Arm for Up to $2.1 Billion: ‘This Is a Defining Moment for British Media’
It’s finally official. Comcast-owned U.K. pay-TV operator 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 billion) […]
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It’s finally official. Comcast-owned U.K. pay-TV operator 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 billion) […]
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What happened
According to Variety’s linked source, [Sky to Buy ITV’s Media Arm for Up to 2.1 Billion: ‘This Is a Defining Moment for British Media’](https://variety.com/2026/tv/news/sky-itv-media-entertainment-sale-1236802209/), It’s finally official. Comcast-owned U.K. pay-TV operator 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 billion) […]
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The development sits in VINI’s Technology coverage for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the publisher account, follow later updates, and compare new coverage against the first published record. The original item is dated 2026-07-06T06:24:53+00:00.
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Source
Primary source: Sky to Buy ITV’s Media Arm for Up to $2.1 Billion: ‘This Is a Defining Moment for British Media’ via Variety. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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- Sky to Buy ITV’s Media Arm for Up to $2.1 Billion: ‘This Is a Defining Moment for British Media’Variety - 2026-07-06T06:24:53+00:00
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