Negotiations Between Sky and ITV Lose Momentum as Industry Focus Shifts to Warner Bros Discovery Battle
Discussions over Sky’s potential £1.6 billion ($2.18 billion) acquisition of ITV’s broadcast channels and streaming platform have slowed in recent weeks. The talks - intended to create a top-three UK streaming service able to compete with global platforms - are being hampered by the complexity of separating ITV Studios and by distraction from the o…