ITV confirms Comcast bid
November 7, 2025
US media company Comcast, owner of Sky, is in talks to acquire ITV’s broadcasting business.
Reports late on November 6th suggested that Comcast, which also owns assets including Universal Studios, was in talks to buy ITV’s broadcasting arm, which includes its TV channels and streaming service ITVX, but not ITV Studios.
Morgan Stanley and bankers from Robey Warshaw are advising ITV on a possible deal, according to Bloomberg.
In an announcement made early on November 7th, ITV said it noted the recent press speculation and confirmed that it is in preliminary discussions regarding a possible sale of its M&E business to Sky for an enterprise value of £1.6 billion (€1.9bn).
“There can be no certainty as to the terms upon which any potential sale may be agreed or whether any transaction will take place. A further announcement will be made in due course if appropriate,” it added.
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