ITV CEO Hopeful Sky Acquisition Will Pass Regulatory Scrutiny Amid Market Conditions
By
K.J. Yossman
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

Key quotes
· 2 pulledIt 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...
You might also wanna read

Sky CEO Dana Strong Defends ITV Takeover, Says Broadcaster Will Remain "Deeply British" Despite Hollywood Control
Sky CEO Dana Strong defends the company's £1.6 billion acquisition of ITV's television and streaming unit, arguing ITV will retain its "deep

Sky owner strikes £1.6bn deal to buy ITV broadcasting in ‘rapidly changing’ media landscape - business live
How the Sky-ITV Deal Will Transform British Broadcasting
Sky Acquires ITV Media and Entertainment to Create UK Streaming Champion

ITV Studios Confident in Independent Future After Sky's £1.6B Network Acquisition
ITV Studios is preparing to operate as an independent production company following Comcast-owned Sky's £1.6B agreement to acquire ITV's netw
Sky agrees to buy ITV's media and entertainment arm for £1.6 billion
Sky (owned by Comcast) has agreed to acquire ITV's media and entertainment arm for up to £1.6 billion ($2.1 billion), including ITV's terres

Comments
Sign in to join the conversation.
No comments yet. Be the first.