Sky Acquires ITV Media Division in £1.6 Billion Deal to Reshape UK Television
Sky has agreed to acquire ITV’s media and entertainment division for up to £1.6 billion ($2.1 billion), according to announcements made Monday, July 6, 2026. The deal combines ITV’s free-to-air channels and ITVX streaming platform with Sky’s pay-TV operations to create the UK’s largest commercial broadcaster. The transaction marks a massive consolidation in the British … Read more