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The Economic Times
The Economic Times
National

Comcast-owned Sky reaches terms to buy ITV's broadcast unit, sources say

London: Sky, the Comcast-owned British ​pay TV group, has ​agreed on terms to buy ITV's broadcast and streaming ​unit, two people familiar with the matter said, with ITV acquiring "The Great British Bake Off" producer Love Productions as part of the deal.

The £1.6 billion deal had ‌moved in ⁠a positive ⁠direction in the last week and was now being finalised by lawyers, the ​people said on Wednesday, speaking on condition of anonymity.

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