financetom
Business
financetom
/
Business
/
Sky-owner Comcast in talks to buy ITV's broadcasting arm, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sky-owner Comcast in talks to buy ITV's broadcasting arm, Bloomberg News reports
Nov 6, 2025 2:00 PM

Nov 6 (Reuters) - Sky News-owner Comcast ( CMCSA ) is in

talks to buy British broadcaster ITV's media and

entertainment unit, Bloomberg News reported on Thursday, citing

people with knowledge of the matter.

A person familiar with the matter told Reuters the two sides

were in talks over a deal but did not provide further details.

The deal could value ITV at around $2 billion and leave the

company with its studios division, Bloomberg reported.

Comcast ( CMCSA ) and ITV did not immediately respond to Reuters'

requests for comment.

ITV said earlier in the day that its advertising revenue

would be 9% lower in the last quarter of 2025, reflecting a

pullback by advertisers after the government put Britain on

notice of tax rises in the budget later this month.

Reuters reported earlier this year ITV held early-stage

talks with Abu Dhabi-backed group RedBird IMI about a possible

merger of their respective production businesses. French media

group Banijay was also reported to have held

discussions about a possible offer for ITV's studio business or

a full takeover.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Advantage Solutions' Q1 Loss Widens, Revenue Declines; Shares Tumble
Advantage Solutions' Q1 Loss Widens, Revenue Declines; Shares Tumble
May 9, 2024
10:01 AM EDT, 05/09/2024 (MT Newswires) -- Advantage Solutions' ( ADV ) shares fell by more than 27% in early trading Thursday after the company reported a Q1 net loss from continuing operations of $0.15 per share, compared with a loss of $0.11 a year earlier. One analyst surveyed by Capital IQ forecast at GAAP loss of $0.10 per share....
Panama president-elect rules out First Quantum talks until arbitration dropped
Panama president-elect rules out First Quantum talks until arbitration dropped
May 9, 2024
PANAMA CITY, May 9 (Reuters) - Panama's president-elect has ruled out talks with Canadian miner First Quantum Minerals ( FQVLF ) until it drops multiple arbitration proceedings it has launched seeking billions of dollars in compensation from the government over a mine shutdown order. President-elect Jose Raul Mulino spoke about his plans for the major copper mine, once responsible for...
NCR Voyix Swings to Q1 Loss, Revenue Declines; Maintains 2024 Revenue Outlook
NCR Voyix Swings to Q1 Loss, Revenue Declines; Maintains 2024 Revenue Outlook
May 9, 2024
09:40 AM EDT, 05/09/2024 (MT Newswires) -- NCR Voyix ( VYX ) on Thursday swung to a Q1 net loss of $0.31 per diluted share from earnings of $0.02 per share a year earlier. A single analyst polled by Capital IQ expected a GAAP loss of $0.74 per share. Revenue for the quarter ended March 31 was $862 million, down...
US agency raises safety concerns on Ford SUV fuel leak recall
US agency raises safety concerns on Ford SUV fuel leak recall
May 9, 2024
WASHINGTON, May 9 (Reuters) - A U.S. auto safety agency said on Thursday it has significant safety concerns over Ford Motor's ( F ) recall of more than 42,000 SUVs over concerns fuel leaks could lead to an engine fire. The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the adequacy and safety consequences of Ford's...
Copyright 2023-2026 - www.financetom.com All Rights Reserved