Comcast’s Sky In Talks to Buy ITV Broadcasting Unit in $2.1 Billion Deal
Comcast’s Sky is in preliminary talks to buy ITV’s broadcasting arm for 1.6 billion pounds ($2.10 billion), including debt, ITV said Friday. A potential deal would bulk up Comcast’s footprint in Europe, where it already owns pay-TV operator Sky, and leave British broadcaster ITV focused on its studios operations.