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Sky in talks to buy ITV services for £1.6 billion Netflix weighing Warner bid British Broadcasting Challenge
Consuming television We are said to consume television and video. Yet as I have long argued, the metaphor misleads. To consume something is to use it up, to deplete a resource. Television is not a consumable good. When we watch a programme, nothing disappears. Media is not consumed; it is experienced. The economic cost of digital distribution is marginal. Although it may be convenient to think of viewers as consumers and their time as units of attention, this framing reduces shared meaning to market metrics. The real value of media lies not in what is spent or measured, but in the quality of experience and the depth of collective understanding it creates.
Next week our Connected Vision newsletter will come from Istanbul, where I will attending the 13th annual HbbTV Symposium and Awards, and we will be sharing our collective experience.
William CooperEditor
Sky in talks to buy ITV services for £1.6 billion ITV has confirmed that it is in preliminary discussions regarding a possible sale of its media and entertainment business to Sky for an enterprise value of £1.6bn. That would include the broadcast channels and the ITVX online service, but not the ITV Studios production business. Sky is owned by the American communications company Comcast, which also owns NBC, Universal, and the Peacock online service, among other brands, with combined revenues of over $123 billion in 2024. The discussions are at an early stage and would require regulatory approval.
Read more… Netflix weighing Warner bid Netflix is reported to be exploring a bid for the Warner Bros Discovery studio and online video business. It has hired an investment bank to evaluate a possible offer and has been given access to the data room with the financial details of the company.
Read more… British Broadcasting Challenge An independent group of media experts, academics and producers is calling on the Culture Secretary, Lisa Nandy, to use the review of the BBC Charter to separate the corporation entirely from the influence of government, calling the current arrangements “no longer fit for purpose”. It wants a new permanent charter to establish the BBC in pertpetuity.
Read more…
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