XPost: rec.arts.tv
From: doctor@doctor.nl2k.ab.ca
In article <10em3ld$28et7$1@dont-email.me>,
Your Name wrote:
>
>20 years ago here in New Zealand, Sky TV bought the free-to-air /
>Freeview network that was then called "Prime TV". Sky TV later renamed
>it to "Sky Open", which is still a free-to-air / Freeview channel and
>plays many of the shows that Sky plays on their pay channels, albeit at
>a later date.
>
>
> ITV in talks to sell television business to Sky
> -----------------------------------------------
> ITV has said it is in "preliminary" discussions to sell its
> broadcasting business to Sky for £1.6bn, a move that could
> reshape the UK's television landscape.
>
> The talks focus on ITV's Media and Entertainment division,
> which includes its free-to-air TV channels as well as the
> ITV X streaming service.
>
> The discussions with Sky, which is owned by US-based Comcast,
> come as the television industry faces fierce competition from
> streaming services such as Netflix and Disney+.
>
> The deal would not include ITV's production arm - ITV Studios
> - which makes popular programmes such as Love Island and
> I'm a Celebrity... Get Me Out of Here.
>
> However, one analyst said the broadcaster could lose those
> shows if the deal goes through as the channel would have to
> bid alongside rival companies for the contracts, despite ITV
> being the biggest customer at present.
>
> Tom Harrington, from Enders Analysis, said: "It would be
> unlikely for current shows to leave ITV as there will already
> be agreements in place."
>
> But splitting the two businesses could make it less likely for
> new shows to appear on ITV, he added.
>
> Comcast, which owns Universal Studios, bought Rupert Murdoch's
> Sky in 2018 and is a major player in the US media sector.
>
> It owns NBCUniversal, which contains the NBC and CNBC channels,
> DreamWorks Animation and streaming service Peacock.
>
> Media analyst Ian Whittaker told the BBC's Today programme that
> a combination of Sky and ITV would mean they had "70% plus" of
> the UK TV advertising market, which he said "in normal
> circumstances" would be rejected by regulators because of the
> dominance it would give them.
>
> But he added that with rising competition from the streaming
> services raising questions over the future of TV, a takeover
> could be seen as almost a rescue deal.
>
> Mr Harrington said ITV Studios itself was a "very desirable
> operation" that was "unencumbered by a legacy linear [TV]
> business".
>
> Sir Peter Bazalgette, television executive and producer, who was
> chair of ITV until September 2022 and is a shareholder in the
> company, told the Today programme that the deal made sense given
> the pressure from streamers.
>
> On the question of whether a Sky-ITV link up would run up against
> competition issues, Sir Peter said the regulator needed to
> "redefine" what the advertising market is.
>
> He said Google owner, Alphabet and Facebook owner, Meta should be
> treated as the rivals, not the traditional TV advertising market.
>
> Talking about ITV's TV channels, he said: "Free to air channels
> across world are not seen to have a great amount of value," adding
> that "there's going to be an inevitable consolidation of domestic
> broadcasters all across Europe".
>
> Mr Whittaker said streaming was where the growth was for
> broadcasters - even though with established streamers "the
> penetration rates have started to level off in the past couple of
> years" in the UK.
>
> He added that competition was also now coming from YouTube TV,
> which showed live events such as sports and news.
>
> A recent report from media regulator Ofcom found that YouTube has
> become the UK's second most-watched media service, behind only the
> BBC.
>
> Big live sporting events, traditionally shown on television, may
> also increasingly move to streamers as sporting giants such as
> UEFA seek to cash in on the huge streaming market.
>
> ITV Studios, which makes programmes for several platforms including
> the BBC, Netflix and Amazon, has reportedly been the subject of
> takeover talks in the past.
>
> It made the hit TV series Alan Bates vs The Post Office, and
> popular anime series One Piece on Netflix.
>
> ITV's share price was up 15% at about 78p following news of the
> takeover talks, although that remains well below the high of 258p
> reached in 2015.
>
> Liberty, one of ITV's biggest shareholders, recently sold half of
> its 10% stake in the broadcaster.
>
> But Liberty might be "kicking itself" at this move, said Dan
> Coatsworth, an analyst at AJ Bell.
>
> He said it was "a surprise" there was an interest in ITV's TV
> channels, describing it as a "ball and chain" compared with ITV
> Studios, which he called "the jewel in ITV's crown".
>
> Sky's interest was "Christmas come early for management and
> shareholders", he added, saying ITV Studios could be "an instant
> takeover target itself" as content-hungry streamers seek a hub to
> generate more programmes to feed their platforms.
>
> On Thursday, ITV forecast that its advertising revenue would be 9%
> lower in the last three months of 2025, saying that advertisers
> were being cautious ahead of expected tax rises in the Budget.
>
> The broadcaster also said it would carry out a further £35m in cost
> savings, which would lead to some programmes being delayed until
> next year.
>
>
>
>
>
>
>
Oh! No! More Murdick!
--
Member - Liberal International This is doctor@nk.ca Ici doctor@nk.ca
Yahweh, King & country!Never Satan President Republic!Beware AntiChrist rising!
Look at Psalms 14 and 53 on Atheism ;
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