Comcast holds talks about acquiring ITV’s television business
US media giant sees potential to create a leading streaming service in the UK
US media giant Comcast is in talks with ITV about acquiring its television business, joining a list of several potential suitors for the UK broadcaster’s operations.
Comcast sees the potential to combine ITV’s TV business with Sky, which the US group bought in 2018, to create a leading streaming service in the UK, according to people close to the situation.
However, the talks are at an early stage and there is no certainty of a deal being struck, one of the people said. A number of other possible suitors are circling ITV.
Comcast and ITV declined to comment.