UK minister formally intervenes in Sky's £1.6 billion ITV deal
British Culture Minister Lisa Nandy formally stepped in on Wednesday to oversee Sky's proposed £1.6 billion acquisition of ITV's broadcast business. She requested reports from the Competition and Markets Authority and Ofcom by January 27, expressing concerns about the deal's potential impact on news plurality, Sky's growing influence over the media landscape, and the availability of diverse programming. Nandy stated she would provide an update to parliament after reviewing both reports.
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- UK minister formally intervenes in Sky's £1.6 billion ITV deal channelnewsasia.com
