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BusinessMergers & AcquisitionsFebruary 13, 2026

Sky–ITV £1.6bn Talks Slow — Deal Still on the Table

Sky–ITV £1.6bn Talks Slow — Deal Still on the Table
Broadcast

Talks over a proposed £1.6bn takeover involving Sky and ITV have slowed in recent weeks, according to sources. Despite the slowdown, parties reportedly still hope a deal can be reached.

Key Takeaways

  • Negotiations over a reported £1.6bn Sky bid for ITV have decelerated in recent weeks.
  • Parties remain optimistic a transaction can be completed, but timing and terms are now uncertain.
  • A completed deal would materially shift UK broadcast/streaming scale — but slowdown raises regulatory and valuation questions to watch.

Why It Matters

A Sky–ITV combination would be one of the most consequential consolidations in the UK media market — combining pay-TV distribution, ad inventory and public‑service broadcast assets into a single powerhouse with clearer leverage against global streamers. The reported slowdown is significant: it signals tougher bargaining over valuation, integration plans and likely regulatory scrutiny, giving rivals time to reposition and rights holders to revisit deals. For investors and strategists, this is a live indicator of consolidation momentum in Europe’s TV ecosystem; watch regulatory signals, proposed deal structure and any asset carve‑outs for clues about future M&A playbooks.


Read full article at broadcastnow.co.uk

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