ITV shares soar as it holds talks to sell television business to Sky
US telecom giant Comcast looks to buy media and entertainment arm for £1.6bn but not programme-maker ITV Studios• Business live – latest updatesITV has told the market it is in preliminary talks to sell its broadcasting arm to the parent company of Sky in a £1.6bn deal, sending shares soaring...
<p>US telecom giant Comcast looks to buy media and entertainment arm for £1.6bn but not programme-maker ITV Studios</p><p>• <a href="https://www.theguardian.com/business/live/2025/nov/07/itv-talks-sell-broadcasting-arm-sky-shares-bank-of-england-stock-markets-business-live">Business live – latest updates</a></p><p>ITV has told the market it is in <a href="https://www.theguardian.com/business/2025/nov/06/sky-owner-comcast-in-talks-to-buy-itvs-broadcasting-arm-for-2bn">preliminary talks to sell its broadcasting arm </a>to the parent company of Sky in a £1.6bn deal, sending shares soaring s high as 18% in early trading.</p><p>Comcast, the US telecom company which also owns NBCUniversal, is looking to snap up ITV’s media and entertainment arm, which includes its free-to-air TV channels in the UK, as well as its ITVX streaming platform.</p> <a href="https://www.theguardian.com/business/2025/nov/07/itv-shares-surge-comcast-talks-television-business-sale">Continue reading...</a>
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