ITV in Talks to Sell Networks Arm to Comcast-Owned Sky for $2.1 Billion

U.K. broadcaster ITV has confirmed it has received a £1.6 billion ($2.1 billion) bid from Comcast’s pay-tv platform Sky for its media and entertainment unit.

The shock news — which would fundamentally change the British broadcasting landscape if it were to go ahead — would see Comcast take control of ITV’s linear channels and Itvx streaming business, significantly expanding its U.K. TV foothold, having already acquired Sky for around $30 billion in 2018.

According to news reports, the bid from Sky centers on the potential creation of a U.K.-focused streaming giant.

In a short statement sent Friday morning, ITV said…