ITV and Sky: A New Era in TV?

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What's Happening?

ITV is in talks to sell its broadcasting business to Sky for £1.6bn.

Key Points:

The deal includes ITV's free-to-air TV channels and ITVX streaming service
ITV's production arm, ITV Studios, is not part of the sale
The combination of Sky and ITV would give them over 70% of the UK TV advertising market

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