{"id":3088,"date":"2026-07-06T06:36:31","date_gmt":"2026-07-06T06:36:31","guid":{"rendered":"https:\/\/uspropertymoves.com\/?p=3088"},"modified":"2026-07-06T06:36:31","modified_gmt":"2026-07-06T06:36:31","slug":"comcasts-sky-to-acquire-itvs-networks-and-streaming-businesses-in-2-13-billion-deal","status":"publish","type":"post","link":"https:\/\/uspropertymoves.com\/?p=3088","title":{"rendered":"Comcast\u2019s Sky to Acquire ITV\u2019s Networks and Streaming Businesses in $2.13 Billion Deal"},"content":{"rendered":"
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And now, it\u2019s officially a deal! Comcast\u2018s Sky said that it has agreed to acquire the media and entertainment (M&E) unit of U.K. TV giant ITV for \u00a31.6 billion ($2.13 billion). The deal covers ITV\u2019s networks and streaming businesses, but not its production arm ITV Studios.<\/p>\n

Read more Kansas City Chiefs Coach Andy Reid Says Adam Sandler\u2019s Advice to Taylor Swift and Travis Kelce<\/a><\/p>\n

ITV, led by CEO Carolyn McCall, had first disclosed the talks with Sky focused on the company\u2019s commercial free-to-air TV channels in the U.K., as well as its ITVX streaming platform, in November. The planned deal would make ITV Studios a standalone company.<\/p>\n

Under its terms,\u00a0ITV Studios is buying Love Productions, the producer of The Great British Bake Off<\/em> and The Piano<\/em>, bolstering its collection of intellectual property.<\/p>\n

Sky is led by CEO Dana Strong. It not only operates pay-TV and streaming businesses in the U.K., Ireland and Italy, but also has been growing its telecom offerings, such as broadband and mobile phone operations. Sky also owns the\u00a0production arm Sky Studios, which is led by C\u00e9cile Frot-Coutaz and has been growing its investment in original content creation. Recent Sky Studios productions have included the likes of\u00a0Mary & George<\/em>, starring Julianne Moore,\u00a0The Tattooist of Auschwitz<\/em>, starring Harvey Keitel, and\u00a0The Day of the Jackal<\/em>, starring Eddie Redmayne and Lashana Lynch. Comcast acquired Sky in 2018.<\/p>\n

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ITV Studios, which produces such shows as\u00a0Love Island<\/em>,\u00a0Britain\u2019s Got Talent<\/em>\u00a0and the\u00a0Harlan Coben Netflix\u00a0hit series\u00a0Fool Me Once<\/em>, among many others, has been a topic of separate deal chatter, which returned this week after news of the mega-merger between production giants Banijay and All3Media, owned by a joint investment partnership between\u00a0Gerry Cardinale\u2019s RedBird and IMI Media, led by RedBird operating partner and RedBird IMI CEO Jeff Zucker.\u00a0RedBird IMI had acquired\u00a0All3Media in 2024 for $1.45 billion.<\/p>\n

During a Wednesday conference call, Fran\u00e7ois Riahi, the CEO of Banijay Group, the parent company of Banijay, was asked about the merged entity\u2019s possible interest in ITV Studios. \u201cConsolidation is the name of the game,\u201d he said, adding that the company would keep all options open. \u201cWhen you look at the Warner-Paramount deal, it\u2019s very easy to understand why you need to be big and global to be relevant in this sector. So we share this view with RedBird IMI.\u201d<\/p>\n

Read more Where to Watch Mexico vs. England World Cup Match Live Online<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Comcast's Sky agreed to acquire UK TV giant ITV's networks and streaming businesses, but not ITV Studios.<\/p>\n","protected":false},"author":1,"featured_media":3087,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[990,2,1053,1054],"class_list":["post-3088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting","tag-comcast","tag-international","tag-itv","tag-sky"],"yoast_head":"\nComcast\u2019s Sky to Acquire ITV\u2019s Networks and Streaming Businesses in $2.13 Billion Deal - US Property Moves<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uspropertymoves.com\/?p=3088\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comcast\u2019s Sky to Acquire ITV\u2019s Networks and Streaming Businesses in $2.13 Billion Deal - 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