UK Culture Secretary Considers Intervention in Sky's Proposed £1.6 Billion Takeover of ITV
Lisa Nandy expresses concerns over media plurality and programming diversity, potentially blocking the deal.
Culture Secretary Lisa Nandy has stated she is "minded to intervene" in Sky's proposed £1.6 billion takeover of ITV, citing potential impacts on media plurality and the availability of diverse programming. The announcement, made in a statement to Parliament, indicates a significant hurdle for the deal, which had been agreed upon in July.
Nandy's potential intervention stems from concerns that the merger could affect the breadth of news providers and the extent of Sky's control within the media landscape. The Enterprise Act grants the culture secretary the authority to intervene on public interest grounds, specifically when there are concerns about the free expression of opinion in news media and the need for 'sufficient plurality.'
In her statement, Nandy told MPs, "Having considered the anticipated merger, I am of the view that there are reasonable grounds to believe that it might affect availability of a wide range of high-quality and varied programming on the on-demand platforms that are now widely used by UK audiences."
The proposed deal, which has been under discussion since late 2025, would involve Sky acquiring ITV's terrestrial TV channels and its streaming service, ITVX. Both companies had previously stated that the merger would create a formidable competitor to global streaming giants such as Disney Plus and Netflix.
ITV currently holds a public service broadcasting license that legally obligates it to provide a free-to-air service until at least 2034. However, under Sky's ownership, there could be future changes, including the potential decommissioning of certain ITV shows or renegotiations of contracts as Sky seeks cost savings.
Nandy emphasized that a final decision on intervention has not yet been made. ITV and Sky have until October 20 to respond to the concerns raised. If Nandy decides to proceed with intervention based on these public interest considerations, she plans to introduce legislation to amend Section 58 of the Enterprise Act. This amendment would extend the consideration of public interest related to the availability of broadcasting to on-demand programs.
The proposed takeover valued ITV's media and entertainment arm at £1.6 billion.