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Sky to buy ITV in £1.6 billion deal to take on Netflix, YouTube, Amazon; will some jobs be affected?

Posted on July 6, 2026
By Financial Express
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1 min read

Sky to buy ITV in £1.6 billion deal to take on Netflix, YouTube, Amazon; will some jobs be affected?

Comcast-owned Sky will buy ITV's television channels and streaming platform ITVX for £1.6 billion to strengthen its position against global streaming giants.