Sky pledges £2 billion to ITV in planned broadcasting arm acquisition
Sky pledged £2 billion to ITV's studios over five years as it moves to acquire ITV's broadcasting arm, a deal expected to be announced in July. This plan aims to secure popular shows like Coronation Street and Love Island. Analysts warn the acquisition may lead to significant job cuts at ITV amid regulatory scrutiny.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 28 Jun 2026, 16:41 UTC · Updated 28 Jun 2026, 17:00 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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