First reported by The Guardian
Sky owner announces £1.6bn takeover of ITV’s broadcasting arm
Sky CEO Dana Strong Defends ITV Takeover, Says Broadcaster Will Remain "Deeply British" Despite Hollywood Control
By
Jake Kanter
2h ago· 3 min readenNews
Summary
Sky CEO Dana Strong defends the company's £1.6 billion acquisition of ITV's television and streaming unit, arguing ITV will retain its "deeply British" identity despite the deal placing two UK public service broadcasters under Hollywood control. The acquisition will see Sky (part of NBCUniversal after a Comcast spin-off) take over ITV, while Paramount already owns Channel 5 and is acquiring Warner Bros. Discovery assets in the UK, raising concerns about American consolidation of British media.
Source
DeadlineSky CEO Dana Strong Defends ITV Takeover, Says Broadcaster Will Remain "Deeply British" Despite Hollywood Controldeadline.comKey quotes
· 3 pulledDana Strong, the chief executive of Sky, has said that ITV will remain a "deeply British" business after her company agreed a £1.6 billion ($2.1 billion) takeover of a crown jewel of UK broadcasting.
Sky's acquisition of ITV's television and streaming unit, which was announced early on Monday, will effectively put two UK public service broadcasters under the control of Hollywood.
Sky will be part of the NBCUniversal empire once the company is spun off from Comcast.
Sky boss Dana Strong has said that ITV will remain "deeply British" after her company agreed a £1.6B takeover of a crown jewel of UK broadcasting.
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