Comcast in Talks to Acquire ITV's Broadcasting Division: A £2 Billion Deal in the Works
Comcast, the US media giant that owns Sky, is currently in discussions to purchase ITV's broadcasting division in a deal estimated to be worth £2 billion. The potential acquisition would include ITV's television channels and streaming platform ITVX, excluding ITV Studios. Comcast, known for its ownership of Universal Studios and acquisition of Sky from Rupert Murdoch in 2018, is being advised by Morgan Stanley and Robey Warshaw on the potential transaction. Stay tuned for further updates on this developing story.