Comcast (CMCSK) (CMCSA), owner of the Sky pay-TV business in Europe, is in discussions to acquire ITV plc’s (ITVPY) media and entertainment division in a transaction that would dramatically alter the U.K. broadcasting sector, Bloomberg’s Michelle F. Davis and Benoit Berthelot report, citing people with knowledge of the matter. The Philadelphia-based company is holding talks on a potential purchase of the ITV unit, and should a deal proceed, it would leave ITV with its studios business, the authors note.
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