ITV has ruled out the prospect of buying BT Sport in a sign that the commercial broadcaster is not overly enthusiastic about major acquisitions ahead of the UK government potentially putting Channel 4 up for sale.
Following the publication of ITV’s half-year earnings on Wednesday, CEO Carolyn McCall put an end to speculation that it is circling BT Sport, the Premier League broadcaster that was made available to buyers in April.
“We’ve been very focused on our balance sheet, we’re really very robust. We still see uncertainty ahead [amid the pandemic], it’s not the kind of acquisition we would do,” McCall told journalists on a media call.
An ITV spokeswoman would not comment on whether McCall’s remarks mean it is not interested in a target of Channel 4’s ilk. The chief executive told press she would not “speculate” on the future of Channel 4, but ITV has been touted...
Following the publication of ITV’s half-year earnings on Wednesday, CEO Carolyn McCall put an end to speculation that it is circling BT Sport, the Premier League broadcaster that was made available to buyers in April.
“We’ve been very focused on our balance sheet, we’re really very robust. We still see uncertainty ahead [amid the pandemic], it’s not the kind of acquisition we would do,” McCall told journalists on a media call.
An ITV spokeswoman would not comment on whether McCall’s remarks mean it is not interested in a target of Channel 4’s ilk. The chief executive told press she would not “speculate” on the future of Channel 4, but ITV has been touted...
- 7/28/2021
- by Jake Kanter
- Deadline Film + TV
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