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Business · 28 June 2026

Sky promises £2bn for ITV shows over five years

Sky promises £2bn for ITV shows over five years

Bradley Michael via Wikimedia Commons (CC-BY-SA-2.0)

Popular television programmes could keep running under plans linked to a proposed ownership change. Sky has pledged to spend £2bn on ITV Studios during the next five years while preparing to buy ITV's broadcasting business, with an announcement possible in early July. Analysts expect job losses, and the reported takeover value is £1.6bn.

Reported by Guardian · How we write briefs

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