Business
Sunday, 6/28, 05:08 PM
Sky moves to buy ITV's broadcasting arm, with a £2bn content pledge
- Comcast-owned Sky has agreed terms to take over ITV's television channels and ITVX streaming service, in a deal reported at around £1.6bn that would reshape British broadcasting — sweetened by a £2bn pledge to keep funding shows like 'Coronation Street'.
- Regulators and unions are already watching closely.