ITV has sold its media and entertainment division to Sky for £1.6 billion. Both broadcasters have stated that the acquisition aims to establish a competitive entity against global streaming services.
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ITV sells media and entertainment division to Sky for £1.6 billion
ITV has completed the sale of its media and entertainment arm to Sky for £1.6 billion. The companies assert that this move will enhance their competitiveness against international streaming platforms.
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ITV sells media and entertainment arm to Sky for £1.6bn
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ITV sells media and entertainment division to Sky for £1.6 billion