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Comcast's Sky in talks to buy ITV's media unit for $2.15 billion

Written By: TDG Syndication
Last Updated: November 7, 2025 13:07:14 IST

(Reuters) -ITV said on Friday it was in talks with pay-TV company Sky, owned by Comcast, over a potential sale of the British broadcaster's media and entertainment (M&E) unit for 1.6 billion pounds ($2.15 billion) including debt. ITV's M&E division, which includes its free-to-air channels and its ITVX streaming platform, is dependent on advertising. The broadcaster has also built up a Studios production business, which makes shows for its own channels and other broadcaster and streamers worldwide. ITV's M&E unit made revenue of 955 million pounds ($1.28 billion) and adjusted earnings interest, tax and amortisation of 35 million pounds in the six months to end-June, the company reported in July. ($1 = 0.7451 pounds) (Reporting by Raechel Thankam Job in Bengaluru; Editing by Nivedita Bhattacharjee and Sarah Young)

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