Reported by BBC — Business •
4 Wire-neutral provisional

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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.

Companies
ITV Sky

Our neutral summary

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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Original vs. Neutral

Original Headline

ITV sells media and entertainment arm to Sky for £1.6bn

Neutral Headline

ITV sells media and entertainment division to Sky for £1.6 billion