Netflix just hit a major milestone in the UK. The global streamer has posted £2.06B ($2.81B) revenues for full-year 2025, meaning it generated more cash than the country's leading commercial broadcaster, ITV, and is well ahead of smaller PSB rivals Channel 4 (£1B) and Paramount-owned 5 (£318M).
ITV PLC (LSE:ITV) said its first-half 2026 performance was broadly in line with expectations and that it remains on track to deliver its full-year guidance, supported by growth in ITV Studios and continued momentum in digital advertising. Group revenue increased 2% to £1.9 billion in the six months to 30 June 2026, with external revenue up 1% at £1.6 billion.
ITV's long-awaited deal to sell its broadcasting business to pay-TV company Sky for up to £1.6 billion ($2.14 billion) has dented its shares as analysts focus on separation costs, ongoing expenses and regulatory delays.
ITV's long-awaited deal to sell its broadcasting business to pay-TV company Sky for up to £1.6 billion has dented its shares as analysts focus on separation costs, ongoing expenses and regulatory delays.
Sky has agreed to acquire ITV Media & Entertainment—the ITV channels, the ITVX streaming service and the advertising business that funds them—for up to £1.6 billion. The deal, announced Monday, would fold the UK's biggest commercial broadcaster into the UK's biggest pay-TV operator.
Sky has agreed to acquire the broadcast channels and streaming service of ITV for £1.6 billion ($2.13 billion), creating one of the largest media businesses in the UK as traditional broadcasters seek greater scale to compete with global streaming platforms. The transaction, announced on Monday.
ITV Studios will be able to stand on its own two feet when it becomes an independent studio, bosses at ITV said today. Following the news Comcast-owned Sky has struck a £1.6B (£2.
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