Sky to acquire ITV's broadcast and streaming business

Sky is acquiring ITV's broadcasting and streaming business (including ITVX); ITV Studios is not part of the deal. In return, Sky is selling Love Productions to ITV for GBP 200 million. Subject to shareholder and regulatory approvals; the aim is to create the UK's largest commercial broadcaster. Update (23 July 2026): The UK Competition and Markets Authority published an invitation to comment on the transaction — the first formal procedural step. The CMA explicitly stresses that this does not yet open a formal Phase 1 investigation. The comment period closes on 6 August 2026.