Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff and Mark Sweney

ITV shares soar as it holds talks to sell television business to Sky

The Love Island: Aftersun host Maya Jama.
The Love Island: Aftersun host Maya Jama. Photograph: Jonathan Hordle/ITV/Rex/Shutterstock

ITV has said it is in preliminary talks to sell its broadcasting arm to the parent company of Sky in a £1.6bn deal, sending shares soaring.

Comcast, the US telecoms company that own Sky and NBCUniversal, hopes to snap up ITV’s media and entertainment operations, which include its free-to-air TV channels in the UK and ITVX streaming platform.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.