Sky Acquires ITV's Broadcast Arm, Reshaping UK Media Landscape

Comcast-owned Sky is buying ITV's broadcasting and streaming operations for £1.6 billion, with payments tied to 2027 ad revenue. ITV Studios—which produces Love Island and I'm a Celebrity—stays independent, pivoting toward higher-margin global content licensing. The deal leaves the BBC as Britain's only major broadcaster outside Comcast's reach.