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Comcast discusses buying ITV’s media unit for about $2 billion to boost UK streaming.
Comcast is reportedly in early discussions to acquire ITV’s media and entertainment arm in a deal valued at about $2 billion.
The potential acquisition would merge ITV’s TV and streaming assets with Comcast’s Sky operations to boost its UK streaming footprint.
ITV, struggling with falling ad revenue and a £35 million budget cut, has lost significant market value amid rising competition.
No agreement has been reached, and both companies have declined to comment.
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Comcast discute la compra de la unidad de medios de ITV por aproximadamente $ 2 mil millones para impulsar el streaming del Reino Unido.