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ITV CEO Hopeful Sky Acquisition Will Pass Regulatory Scrutiny Amid Market Conditions

By

K.J. Yossman

2h ago· 6 min readenNews

Summary

NBCUniversal-owned Sky is acquiring British public service broadcaster ITV in a deal announced Monday. ITV CEO Carolyn McCall stated that Sky was ITV's preferred partner from the start, reflecting years of strategic evaluation by the ITV board. McCall expressed hope that the acquisition will clear regulatory hurdles given the current state of the media market.

Source

VarietyITV CEO Hopeful Sky Acquisition Will Pass Regulatory Scrutiny Amid Market Conditionsvariety.com

Key quotes

· 2 pulled
It is worth also saying that through all our strategic thinking on the ExCo and the board, the company at the top of the list to do anything with was Sky.
And so ITV did approach...
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ITV boss Carolyn McCall said she is hopeful that Sky's acquisition of the British PSB will clear regulators given the state of the market.

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