<\/p>\n
ITV has revealed talks with Sky, the owner of Sky News, over the possible sale of its media and entertainment (M&E) division in a deal worth \u00a31.6bn.<\/p>\n
Sky News understands the approach centres on the potential creation of a UK-focused streaming giant.<\/p>\n
The division takes in ITV’s current broadcast operations and channels which are largely dependent on advertising.<\/p>\n
The talks do not include the company’s studios arm, which makes shows such as I’m A Celebrity… Get Me Out Of Here!<\/p>\n
“There can be no certainty as to the terms upon which any potential sale may be agreed or whether any transaction will take place”, a statement by ITV to the London Stock Exchange said.<\/p>\n
“A further announcement will be made in due course if appropriate”, it concluded.<\/p>\n
Sky declined to comment.<\/p>\n
ITV released its statement after news of the discussions were first revealed by Bloomberg News.<\/p>\n
ITV has long been the subject of takeover speculation.<\/p>\n
The latest came from the Reuters news agency earlier this year when it reported early-stage talks with Abu Dhabi-backed group RedBird IMI about a possible merger of their respective production businesses.<\/p>\n
French media group Banijay was also reported to have held discussions about a possible offer for ITV’s studio business or a full takeover.<\/p>\n
<\/p>\n <\/a><\/p>\n This breaking news story is being updated and more details will be published shortly.<\/em><\/p>\n Please refresh the page for the latest version.<\/em><\/p>\n You can receive breaking news alerts on a smartphone or tablet via the Sky News app<\/strong><\/a>. <\/em>You can also <\/em>follow us on WhatsApp<\/strong><\/em><\/a> and subscribe to our <\/em>YouTube channel<\/strong><\/em><\/a> to keep up with the latest news.<\/em><\/em><\/p>\n<\/p><\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source news.sky.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" ITV has revealed talks with Sky, the owner of Sky News, over the possible sale of its media and entertainment (M&E) division in a deal worth \u00a31.6bn. Sky News understands the approach centres on the potential creation of a UK-focused streaming giant. The division takes in ITV’s current broadcast operations and channels which are largely […]<\/p>\n","protected":false},"author":2,"featured_media":2140555,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2140554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/11\/ITV-in-preliminary-talks-over-16bn-sale-of-media-and.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2140554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2140554"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2140554\/revisions"}],"predecessor-version":[{"id":2140556,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2140554\/revisions\/2140556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2140555"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2140554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2140554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2140554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}