City AM
UK · 24 mins ago
Sky buys ITV broadcasting arm in £1.6bn deal
Sky has confirmed it will takeover ITV’s broadcasting arm for £1.6bn, in a move the media giant says will safeguard its role as a public service broadcaster. The US-owned broadcaster said on Monday it will pay £1.6bn in total for ITV Media and Entertainment, which include its free-to-air TV channels in the UK and the [...]
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