ITV CEO McCall Defends Networks Business Amid Potential £1.6B Sky Sale Talks
By
Max Goldbart
1mo ago· 2 min readenNews
Summary
ITV CEO Carolyn McCall defended the strength of the company's Media & Entertainment division (ITV channels and ITVX) at a leaders conference, calling it "extremely resilient and cash generative" and noting it is now recognized by shareholders as a strong business. She declined to comment on the active £1.6B ($2.2B) sale discussions with Sky, which could separate the networks business from ITV Studios production-distribution arm.
Source
DeadlineITV CEO McCall Defends Networks Business Amid Potential £1.6B Sky Sale Talksdeadline.comKey quotes
· 2 pulledThe network is 'recognized by shareholders as a strong business, not what it was six or seven years ago.'
Carolyn McCall gave an impassioned talk about why the Media & Entertainment biz, aka ITV channels and streamer ITVX, is 'extremely resilient and cash generative.'
ITV boss Carolyn McCall talked Sky sale, the networks business, YouTube and ITV Studios at the Enders Conference.
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