Sky to Acquire ITV Media and Entertainment in £1.6bn Deal

Sky acquires ITV's media arm for £1.6bn, reshaping UK streaming competition.

The acquisition of ITV’s media and entertainment business by Sky for £1.6 billion marks a seismic shift in the UK’s media landscape.

The Bottom Line

  • Sky’s £1.6bn purchase of ITV’s media and entertainment business creates a commercial streaming champion for the UK.
  • ITV hits such as I’m a Celebrity to stay free to watch after Sky takeover.
  • Regulators may scrutinize the deal.

How does this deal align with broader industry trends?

Metrics ITV (2025) Sky (2025) Combined
Revenue (£bn) N/A N/A N/A
EBITDA Margin N/A N/A N/A
Streaming Subscribers N/A N/A N/A

The Guardian reports that streaming storm made ITV sharing a roof with Sky sadly inevitable.

Sky’s acquisition could have implications for racing coverage.

Sky’s acquisition of ITV’s broadcast and streaming arm is a £1.6 billion deal.

What’s next? The deal is expected to close, pending regulatory approval. As an analyst puts it: “This is a

ITV Sells Media and Entertainment Arm to Sky for £1.6bn. The Deal That Changes UK Television
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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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