UK minister formally intervenes in Sky's £1.6 billion ITV deal
Lisa Nandy said the deal could affect media plurality and free expression, and she ordered Ofcom and the Competition and Markets Authority to review it.
- On Wednesday, Culture Secretary Lisa Nandy issued a Public Interest Intervention Notice into the $2.1 billion Sky-ITV merger, directing Ofcom and the Competition and Markets Authority to formally scrutinize the deal.
- Announced late last year, the £1.6 billion deal combines the UK's pay-TV giant Sky with its oldest commercial broadcaster ITV, excluding ITV Studios but including terrestrial channels and streaming service ITVX.
- Nandy is intervening over concerns including "the need for free expression of opinion in news media" and "a sufficient plurality of views in news media in each market," having previously flagged her intent to the companies.
- Ofcom and the CMA must report their findings by January 27, 2027, after which Nandy will decide whether to refer the acquisition for a more detailed, in-depth investigation by the CMA.
- Nandy will introduce legislation updating public interest considerations to include streaming platforms, ensuring the availability of a wide range of broadcasting and on-demand programs throughout the United Kingdom.
48 Articles
48 Articles
UK minister formally intervenes in Sky's £1.6 billion ITV deal
British culture minister Lisa Nandy formally intervened in Sky's proposed acquisition of ITV's broadcast business on Wednesday, saying she had asked the Competition and Markets Authority and Ofcom to provide reports on the impact of the deal by January 27.
Britain's government tasks regulators to scrutinize proposed tie-up between Sky and ITV
British Culture Secretary Lisa Nandy asked regulators Wednesday to scrutinize the proposed $2.3 billion takeover of ITV's media and entertainment arm by Sky, the U.K.-based TV, internet and mobile phone provider owned by U.S. company Comcast.
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St Catharines StandardUK government announces public interest investigation into Sky deal to takeover ITV’s media arm
LONDON (AP) — U.K. Culture Secretary Lisa Nandy said Wednesday she will intervene in the planned 1.6 billion-pound ($2.2 billion) deal between Sky, the U.K.-based TV, internet and mobile phone provider owned by Comcast, and ITV’s media and entertainment arm. Nandy said she will introduce legislation for a new public interest consideration for streamers. One...
UK government announces public interest investigation into Sky deal to takeover ITV’s media arm – WTOP News
LONDON (AP) — U.K. Culture Secretary Lisa Nandy said Wednesday she will intervene in the planned 1.6 billion-pound ($2.2 billion) deal between Sky, the U.K.-based TV, internet and mobile phone provider owned by Comcast, and ITV’s media and entertainment arm. Nandy said she will introduce legislation for a new public interest consideration for streamers. One...
UK government announces public interest investigation into Sky deal to
LONDON (AP) — U.K. Culture Secretary Lisa Nandy said Wednesday she will intervene in the planned 1.6 billion-pound ($2.2 billion) deal between Sky, the U.K.-based TV, internet and mobile phone provider owned by Comcast, and ITV’s media
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