ITV in Talks to Sell Networks Arm to Comcast-Owned Sky for $2.1 Billion

U.K. broadcaster ITV has confirmed it has received a £1.6 billion ($2.1 billion) bid from Comcast’s European pay-TV platform Sky for it media and entertainment unit. The shock news — which landed overnight in the U.K. — would see Comcast take control of ITV’s linear channels and ITVX streaming business, significantly expanding its foothold in the British […]