Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Henry Saker-Clark

ITV to hand shareholders £100m after striking £1.6bn Sky deal

Sky employs around 20,000 staff in the UK, while ITV has about 2,400 workers in the media and entertainment division (Alamy/PA) -

ITV has said it will hand £100 million to shareholders following Sky’s £1.6 billion deal to buy the company’s media and entertainment business.

It came as ITV reported a boost to advertising revenues from the World Cup, helping to offset a £20 million hit from recently introduced rules about advertising less healthy foods.

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.