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Sky to Buy ITV for Global Power | US News
Published 2 weeks, 2 days ago
Description
Sky is set to spend up to £1.6 billion to acquire ITV’s media and entertainment assets, aiming to build a UK powerhouse capable of rivaling global streaming giants — while keeping ITV Studios, home of hits like “I’m A Celebrity,” independent. The merged entity will join NBCUniversal, signaling a major reshuffle in the media landscape as traditional broadcasters adapt to the digital age.
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