ITV sells its broadcasting arm to Comcast’s Sky for up to £1.6bn

ITV has agreed to sell its media and entertainment division to Sky, the Comcast-owned broadcaster, in a deal worth up to £1.6bn that redraws the map of British television. The transaction hands Sky the ITV channels and the ITVX streaming service, and leaves the seller as a pure production business, a split that arrives as […] This story continues at The Next Web