Logo
BusinessBusiness

ITV, the small commercial broadcaster based in the UK, could be the next media industry takeover target, according to several industry sources.

The TV network — which became world famous for airing “Downton Abbey” — looks ripe for the plucking by a big US conglomerate.

The firm has lost billions in market cap after its shares plunged nearly 22 percent since the June 23 Brexit vote in the UK.

ITV, which trades on the London Stock Exchange, closed Tuesday at 171.99 pence ($2.20), versus a pre-Brexit close of 220p ($2.86).

Liberty Global, a John Malone company, holds a 9.9 percent stake in the firm. Viacom, which owns rival UK broadcaster Channel 5, has been mentioned as a potential bidder, as has Comcast — although the latter firmly denied last year it was making a bid.

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy