You will be redirected back to your article in seconds

BSkyB may have to sell ITV stake

Regulators rules against

The pressure on paybox BSkyB to sell its stake in terrestrial web ITV is increasing.

The U.K.’s Competition Commission has said the satcaster should either sell the 17.8% holding it bought last November for $1.8 million or reduce it to below 7.5% and give up its seat on ITV’s board.

The regulator found that BSkyB’s holding was enough to allow it to “limit ITV’s strategic options.”

Additionally it said there would be an impact on ITV’s programs. “Given its interests as a competitor and despite its interests as a shareholder, we believed BSkyB would have the incentive to reduce ITV’s investment in content,” the report said.

The Government has until Jan. 29 to decide what, if any, action should be taken against BSkyB in relation to the ITV stock.

More TV

  • German Stars and Industry Shine At

    German Stars and Industry Shine At Bavaria Fiction's Berlin Bash

    The pressure on paybox BSkyB to sell its stake in terrestrial web ITV is increasing. The U.K.’s Competition Commission has said the satcaster should either sell the 17.8% holding it bought last November for $1.8 million or reduce it to below 7.5% and give up its seat on ITV’s board. The regulator found that BSkyB’s […]

  • Sky Inks CBS Deal for Weekly

    Sky Inks CBS Deal for Weekly James Corden Talkshow Highlights

    The pressure on paybox BSkyB to sell its stake in terrestrial web ITV is increasing. The U.K.’s Competition Commission has said the satcaster should either sell the 17.8% holding it bought last November for $1.8 million or reduce it to below 7.5% and give up its seat on ITV’s board. The regulator found that BSkyB’s […]

  • Berlin Globo Series Showcase Underscores Its

    Berlin Globo Series Showcase Underscores Its Upscale Revolution

    The pressure on paybox BSkyB to sell its stake in terrestrial web ITV is increasing. The U.K.’s Competition Commission has said the satcaster should either sell the 17.8% holding it bought last November for $1.8 million or reduce it to below 7.5% and give up its seat on ITV’s board. The regulator found that BSkyB’s […]

  • Late Night Hosts Spotlight Florida Shooting,

    Late Night Hosts Spotlight Students Advocating for Action After Florida Shooting

    The pressure on paybox BSkyB to sell its stake in terrestrial web ITV is increasing. The U.K.’s Competition Commission has said the satcaster should either sell the 17.8% holding it bought last November for $1.8 million or reduce it to below 7.5% and give up its seat on ITV’s board. The regulator found that BSkyB’s […]

  • Tavis Smiley Accuses PBS of Racial

    Tavis Smiley Accuses PBS of Racial Bias in Contract Lawsuit

    The pressure on paybox BSkyB to sell its stake in terrestrial web ITV is increasing. The U.K.’s Competition Commission has said the satcaster should either sell the 17.8% holding it bought last November for $1.8 million or reduce it to below 7.5% and give up its seat on ITV’s board. The regulator found that BSkyB’s […]

  • Phillipa Soo

    'Hamilton' Star Phillipa Soo Joins CBS Drama Pilot 'The Code'

    The pressure on paybox BSkyB to sell its stake in terrestrial web ITV is increasing. The U.K.’s Competition Commission has said the satcaster should either sell the 17.8% holding it bought last November for $1.8 million or reduce it to below 7.5% and give up its seat on ITV’s board. The regulator found that BSkyB’s […]

  • 'Silicon Valley' Gives First Look at

    'Silicon Valley' Drops First Trailer for T.J. Miller-less Season 5 (Watch)

    The pressure on paybox BSkyB to sell its stake in terrestrial web ITV is increasing. The U.K.’s Competition Commission has said the satcaster should either sell the 17.8% holding it bought last November for $1.8 million or reduce it to below 7.5% and give up its seat on ITV’s board. The regulator found that BSkyB’s […]

More From Our Brands

Access exclusive content