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Sky in talks to buy ITV media business for 拢1.6bn

ITV plc has confirmed that it is in preliminary discussions to sell its media and entertainment (M&E) business to Sky for 拢1.6 billion. The strategy focuses on building a UK-based streaming giant but excludes ITV鈥檚 production arm.聽 This division covers the company鈥檚 existing broadcast channels and operations, which rely heavily on advertising revenue. The talks … Continue reading Sky in talks to buy ITV media business for 拢1.6bn