Sky owner Comcast in talks to purchase ITV's broacasting arm
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Comcast Corp., owner of the European pay-television service Sky, is in talks to buy ITV Plc’s media and entertainment arm in a deal that would dramatically shake up the UK broadcasting landscape.Sky is in preliminary discussions about a potential acquisition of the ITV division that would value it at £1.
ITV has confirmed discussions with Sky, the owner of Sky News, over the possible sale of its media and entertainment (M&E) division in a deal worth £1.6billion