Sky, ITV and UK broadcasting
Digest more
ITV has announced that a brand-new drama with a solid British cast is coming to our screens soon. The Party is a five-part series focusing on the relationship between a regular man and his very wealthy friend, and it sounds like it might fill the Saltburn-shaped hole in our lives.
Deadline examines why Sky is pursuing a $2B takeover of ITV, the British broadcaster behind 'Love Island' and 'Downton Abbey.'
D ana Strong, the chief executive of Sky, is already one of the most powerful figures in the UK media industry. Yet she is poised to become even more prominent if she manages to pull off an audacious £1.6 billion deal to take over ITV's media and entertainment business, a development that burst into public view late last week.
U.K. TV giant ITV, led by CEO Carolyn McCall, is planning 35 million ($46 million) in "temporary" cost savings amid "softer" advertising demand in the fourth quarter. The news came Thursday as the company reported latest revenue for its ITV Studios production arm and total advertising revenue.
7hon MSN
Key deals this week: ITV-Sky, Metsera, Kyndryl, SM Energy, KNOT Offshore, Sonida Senior and more
British broadcaster ITV (OTCPK:ITVPF) on Friday confirmed that it was in talks with Sky, owned by Comcast (CMCSA), over a potential sale of its media and entertainment unit for 1.6 billion pounds ($2.
The 'preliminary discussions' would involve the sale of ITV's media and entertainment arm to Sky, which is owned by US giant Comcast.