Government intervenes in Sky’s £1.6bn ITV takeover Media Culture secretary Lisa Nandy has formally intervened in Sky’s £1.6bn takeover of ITV’s broadcasting business after raising concerns over its impact on media competition and the diversity of British news. Nandy confirmed on Wednesday that she had issued a Public Interest Intervention Notice (PIIN), instructing the Competition and Markets Authority (CMA) and media regulator Ofcom [...]
Culture secretary Lisa Nandy ‘minded to intervene’ in Sky takeover of ITV Media Culture secretary Lisa Nandy is “minded to intervene” in Sky’s proposed £1.6bn takeover of ITV’s media and entertainment arm. In a statement to MPs, she said: “Having considered the anticipated merger, I am of the view that there are reasonable grounds to believe that it might affect availability of a wide range of high-quality and [...]
Government urged to do more to tackle £1bn piracy problem in sport and entertainment Sport Business Illegal streaming of live sport, film and TV is costing the UK economy £1.35bn and requires a tougher crackdown, the government has been told. Piracy of content including Premier League football is depriving the Exchequer of £366m in tax and could fund 10,000 jobs in media, according to a new report commissioned by cross-industry coalition [...]
ITV hands shareholders £100m returns after £1.6bn Sky deal July 31, 2026 ITV has announced a £100m share buyback as part of its commitment to return £950m to investors following its blockbuster £1.6bn Sky deal. The broadcaster said the “milestone” merger will “unlock significant value for shareholders,” as it posted a two per cent jump in revenue across the last six months. Earlier this month, ITV agreed [...]
‘Scale is survival’: UK broadcasters race to merge as streaming giants squeeze revenues July 29, 2026 British broadcasters are turning to mergers as television revenues come under pressure from streaming services, YouTube and online ads, according to Ofcom. The media regulator’s annual Media Nations report found commercial broadcaster revenues fell from £4.98bn to £4.83bn in 2025, despite the wider TV and online video market growing seven per cent to £18.4bn. Growth [...]
Sky and ITV mount defence of £1.6bn merger as regulators probe deal July 24, 2026 Sky and ITV will argue their proposed £1.6bn merger controls only around a fifth of Britain’s advertising market as they seek to convince competition regulators to approve one of the biggest media deals in decades, City AM understands. The Competition and Markets Authority (CMA) on Wednesday invited comments on Sky’s planned acquisition of ITV’s Media [...]
Sky’s ITV takeover could be tonic for Premier League media rights value July 9, 2026 Sky’s proposed takeover of ITV is widely expected to mean more sport on free-to-air channels in the UK, but wider consolidation in the media market could also have a significant impact on the value of sports broadcast rights. A combined Sky and ITV would, if approved by regulators, create an even more powerful player in [...]
ITV says ‘no guarantees’ on jobs after £1.6bn Sky deal July 6, 2026 ITV and Sky executives have said they can make no guarantees on job cuts after the two companies announced a £1.6bn merger on Monday. Employees of ITV have been warned the tie-up between Britain’s two biggest commercial broadcasters could lead to redundancies, and there are “no guarantees” over their jobs. Speaking after the acquisition was [...]
Sky buys ITV broadcasting arm in £1.6bn deal July 6, 2026 Sky has confirmed it will take over ITV’s broadcasting arm for £1.6bn, in a move the media giant says will safeguard its role as a public service broadcaster. The US-owned broadcaster said on Monday it will pay £1.6bn in total for ITV Media and Entertainment, which include its free-to-air TV channels in the UK and [...]
Sky owner Comcast announces plan to split June 29, 2026 Comcast, the US media behemoth which owns Sky TV, has announced plans to split in two. The deal comes just as Sky is agreeing terms of a multi-billion-pound acquisition of part of ITV, which would unite the UK’s biggest pay-TV provider with the channels and streaming platform of its dominant free-to-air service. London traders looked unperturbed at [...]