The culture secretary is considering intervening in Sky’s £1.6bn takeover of ITV’s entertainment arm, saying the deal could have implications for free expression in the media and the range of news available across Britain.
The proposed transaction would see Sky acquire ITV’s entertainment business in a deal valued at £1.6bn. The culture secretary has indicated that intervention is being considered because of the potential impact on the media landscape.
The concerns centre on whether the takeover could affect the variety of Britain’s news provision, as well as wider questions about free expression. No further details about the possible intervention or its timing were provided in the supplied material.
The latest position is that the culture secretary is “minded to intervene”, leaving the takeover under consideration while the potential effects on the media continue to be assessed.
