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.