ITV has agreed a £1.6bn deal with Sky, the owner of Sky News, for its media and entertainment arm following months of talks.
The deal includes the ITVX platform, along with ITV’s free-to-air channels, but not ITV’s studio operations.
Chief executive of Sky, Dana Strong told Sky "this is an extraordinary opportunity to bring together what I would say are two of the most iconic brands in media."
Read more: https://news.sky.com/story/sky-to-pay-1-6bn-for-itvs-broadcast-and-streaming-division-13531722
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