ITV figures due amid probes into broadcaster’s £1.6bn deal with Sky
Evening Standard · Holly Williams ·
The group will report third quarter figures as questions swirl over what the CMA and Ofcom probes could mean for the Sky deal.
ITV will report back on recent trading next Wednesday as it faces investigations into the £1.6 billion deal to sell its media and entertainment arm to Sky after the Culture Secretary stepped in on public interest concerns.
Lisa Nandy formally intervened in a move triggering probes by the Competition and Markets Authority (CMA) and regulator Ofcom, with a deadline to report back to her on the impact of the deal on media plurality in the UK and free speech by January 27.
The group behind hit shows such as I’m A Celebrity… Get Me Out Of Here will report latest quarterly figures as questions swirl over what the scrutiny could mean for the deal and whether it could lead to delays in completing the tie-up.
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