ITV is in talks with Sky over the possible sale of its media and entertainment (M&E) division in a deal worth £1.6bn.
Sky News understands the approach centres on the potential creation of a UK-focused streaming giant and does not include the company’s studios arm, which makes shows such as I’m A Celebrity.
Paul Kelso looks at what the proposed sale would mean for the British broadcasting landscape.
Full story: https://news.sky.com/story/itv-in-preliminary-talks-over-1-6bn-sale-of-media-and-entertainment-arm-to-sky-13465599
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