In a watershed moment for British broadcasting, Sky has reached a transformational agreement worth more than £1.6 billion to buy out ITV in a landmark takeover deal.
With Sky already owned by US telecommunications corporation Comcast, this is set to be one of the biggest shakeups in TV and streaming for some time.
Talks actually started last November, but the process to complete a buyout like this has obviously taken a significant amount of time and money already.
It’s also worth noting that the deal is still pending full approval from the relevant regulators; nevertheless, it’s fair to say that it could change the face of the British media giants – who are based here in Greater Manchester over at MediaCity – but might signal a significant overhaul of our media landscape.
The Sky Group have assured there will be no immediate change to popular shows and will not be put behind a paywall at present (for now, anyway), with ITV still under a free-to-air service until 2034 as part of its public licensing contract.
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Aquisitons/mergers of this size like this don’t come around very often, at least not across this side of the pond, with the growing Disney’s growing multinational monopolisation being one of the biggest examples of conglomerates mopping up major networks and huge brands over the past decade.
Writing in a statement, Sky said: “The UK media market is undergoing a profound and rapid transformation, and as competition for audiences intensifies, scale matters more than ever in order to compete with global streaming giants and YouTube in the UK.
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“Viewers will continue to enjoy the shows they know and love, such as Coronation Street, Emmerdale, Love Island, I’m a Celebrity… Get Me Out of Here!, This Morning, Loose Women, Lorraine and News at Ten – alongside major live sporting events.”
That lattermost example feels particularly poignant at the moment, as this also means that the likes of ITV’s impressive World Cup coverage will come under the Sky umbrella in the near future.
ITV agrees sale of media and entertainment business to Sky for up to £1.6bnhttps://t.co/UtgO9REejy
It’s being seen as an ambitious attempt to shake up traditional terrestrial telly and digital platforms, with the ‘old guard’, as it were, having to move forward and fast to keep up with the mercurial market becoming evermore dominated by streaming services.
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Of course, there are plenty raising questions and concerns over yet another domestic institution becoming deeper and deeper entwined with big American business; on the other hand, former ITV chairman Sir Peter Bazalgette, who still owns shares, says the deal was “essential” for its survival.
ITV will also receive £1.2bn in cash and Sky’s Love Productions business in return for ownership of their media and entertainment arm, whose shows include the Great British Bake Off.
Moving forward, ITV will also get a further £200m in 2028 if they meet revenue targets when it comes to advertising, with Sky promising to spend over £2.1bn on content from ITV Studios over a five-year period. You can read the full update from ITV right HERE.
Featured Images — James West (via Flickr)/Publicity picture
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Wayne Rooney ‘agrees’ to bizarre bet ahead of 2026 FIFA World Cup quarter-finals
Danny Jones
England and Manchester United legend Wayne Rooney has seemingly roped himself into a bizarre bet of his own making after yet more teams booked their place in the quarter-final stages of the 2026 FIFA World Cup.
It’s not quite Gary Lineker doing Match of the Day in his underpants after Leicester won the league, level, but we’d still pay to see it.
However, after the bedlam following England booking their spot in the quarter-finals this morning (feels odd to say and we’re still not quite sure what day it is), you might be surprised to learn it has nothing to do with the Three Lions’ historic victory.
It does have to do with who they’ll be facing in their next game, though: Norway, as Rooney seemed confident enough in his prediction that the Scandinavian side wouldn’t make it into the final eight that he wagered he’d row down the River Mersey. Well, they did…
Yes, in case you missed it, the Norwegians did make it past Brazil with a 2-1 win – and, of course, more goals for Erling Haaland – before Thomas Tuchel’s side had barely even woken up for their very long day at the Azteca Stadium in Mexico.
While no one was quite sure why ‘Wazza’ was quite so confident that the ‘Seleção’ were going to go through, especially since Norway had shown just as much star power in spells in the opening four rounds, he still decided to throw down the gauntlet on himself.
As you can see in the clip above, he says he’s a “man of [his] word” and looks to have even roped in the likes of fellow former pros turned punditry colleagues on the night, Micah Richards and Joe Hart.
That being said, he did make the caveat that perhaps it would be better if the BBC could somehow sort them to sail down the Hudson River in New York instead, simply for the sake of ‘time’.
We’re not sure exactly how easy it is for the British broadcasters to simply secure permission to take a rowboat down one of the busiest and most famous waterways in the world, but you never know.
Here’s hoping they at least try to make something happen, anyway.
There’s been plenty of curious and comedic moments already this tournament, but for anyone who hasn’t yet watched Harry Kane’s post-match following the tense 3-2 thriller against Mexico, you really need to.
He was given the chance to chat to the media once again after his voice recovered, but let’s just say the memes that have already come from THAT interview are almost as memorable as the match itself.
Trams to be suspended as tracks are replaced on a section of one of the world’s busiest light-rail routes
Emily Sergeant
Trams are set to be suspended this month as work to replace the tracks on a section of one of the busiest light-rail routes is carried out.
As the next phase of the ongoing £150m investment into Greater Manchester’s tram network gets under way this month, essential track replacement work is set to be be carried out in a bid to make the network ‘safer’ and ‘more resilient and reliable’ for years to come, and this includes a section of track which is considered to be one of the busiest light-rail routes in the world.
Transport for Greater Manchester (TfGM) has confirmed that it will replace around 1.6km of track – some parts of which are more than 30 years old – at Trafford Bar and Deansgate-Castlefield, as well as working on a separate section on the Eccles line at the same time.
The track between Trafford Bar and St Peter’s Square, in particular, is one of the busiest sections of light-rail in the world, as one tram passes through every 30 seconds for 20 hours a day, seven days a week.
As the nature of the work required where the Eccles and Altrincham lines meet at Cornbrook is considered to be so ‘complex’, it will be the first time a type of specialist lifting equipment has been used in the UK.
Tracks are set to be replaced on a section of one of the world’s busiest light-rail routes / Credit: The Manc Group | TfGM
More than 3,000 tonnes of new rail and 800 new concrete sleepers will be fitted as part of the scheme, with a team of 70 engineers working across three sites throughout the summer to get the work done as ‘quickly and efficiently’ as possible.
Once installed, the track will be carefully adjusted and tested to ensure it meets strict safety standards and trams travel smoothly and efficiently along it.
While the work is being done, no trams will run on the Eccles, Trafford Centre, and Altrincham lines.
Services on the East Didsbury and Manchester Airport lines will terminate at Firswood, while services on the Rochdale line will terminate at Exchange Square.
As is to be expected, there will be some disruption on the affected lines – with replacement buses due to run between each required stop, accompanied by special event bus services running for the cricket at Old Trafford on 26 and 31 July.
“The work at Trafford Bar and Deansgate-Castlefield is taking place on one of the busiest stretches of tram track in the country,” explained Ian Davies, who is the Network Director for Metrolink at TfGM. “Some sections are more than 30 years old, with 40-tonne trams running every 30 seconds at peak times – that level wear and tear takes its toll, which is why this work is so important.
“It’s one of the most complex parts of the network to access, requiring a carefully planned approach to carry out the work safely and efficiently.
“We’re sorry for the disruption. We know it can be annoying, and while these essential upgrades take place we will do everything we can to keep people moving.”
Normal services are due to resume from Monday 3 August, but until then, everything you need to know is on the Bee Network website here.