UK Orders Public Interest Review of Sky's £1.6 Billion ITV Takeover
What Happened
The UK government launched a public interest review of Sky's proposed £1.6 billion acquisition of ITV's media and entertainment business on November 4, 2026. Culture Secretary Lisa Nandy directed the Competition and Markets Authority and Ofcom to examine competition, media diversity and freedom of expression. Both regulators must submit reports by January 27, 2027.
Key Takeaways
The review will assess whether the proposed takeover could affect competition and diversity in British media. The government also plans to extend public interest protections to streaming services.