Summary

Almost a year after secret talks began, Sky has confirmed it is buying ITV, the UK's biggest commercial broadcaster. The Comcast-owned ( for now ) satellite company is paying £2.1 billion (around $2.8 billion) to take ownership of ITV's media and entertainment business. That includes ITV's free-to-air broadcast channels and its on-demand platform ITVX, which shares content with Disney+ . If the deal passes regulators, it will become the UK's second biggest broadcaster, behind the BBC and ahead of YouTube.

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