Workflow
ITV Confirms Talks With Comcast Over $2.1B Sale Of Networks Arm

UK network has confirmed it is talks with Sky owner Comcast over a £1.6B ($2.1B) sale of its Media & Entertainment business. News of the potential deal emerged overnight, with Comcast hoping to add the main ITV network, its suite of linear channels and the ITVX streaming business. In a statement to the stock exchange this morning, ITV said it “notes the recent press speculation and confirms that it is in preliminary discussions regarding a possible sale of its M&E business to Sky for an enterprise value of ...