Sky Acquires ITV for £2.1B | Venice Beach News

Sky is set to become Britain’s biggest commercial broadcaster after a $2.1 billion acquisition of ITV’s media and entertainment arm, combining free-to-air giants with a popular streaming service to compete against Netflix and Amazon. While ITV Studios — the powerhouse behind hits like “Love Island” — remains outside the deal, Sky is securing a separate $2.8 billion deal to license its content, ensuring British creativity thrives. This bold move, led by Comcast, aims to capture two-thirds of the UK’s ad market and build a resilient, diversified entertainment empire — all while NBCUniversal prepares to spin off as a standalone entity. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6d8c52862b2cd2ba