ITV Studios Confident in Independent Future After Sky's £1.6B Network Acquisition
By
Jesse Whittock
Summary
ITV Studios is preparing to operate as an independent production company following Comcast-owned Sky's £1.6B agreement to acquire ITV's networks and streaming business. ITV CEO Carolyn McCall emphasized the studio's strong global scale and indie production prospects during a call with analysts, dismissing the need for a "transformational acquisition" despite ongoing industry consolidation among rivals like Banijay and All3Media.
Source
DeadlineITV Studios Confident in Independent Future After Sky's £1.6B Network Acquisitiondeadline.comKey quotes
· 3 pulledITV Studios will be able to stand on its own two feet when it becomes an independent studio
We will not need a transformational acquisition
ITV Studios will be faced with a non-aligned future for the first time
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