Shares in ITV (LON:ITV) ticked higher after the company agreed to sell its Media and Entertainment business to Sky for up to £1.6 billion. The break-up will enable ITV to return around £950 million, or 25p per share, to shareholders in cash. The sale will leave content production arm ITV Studios as a standalone, London-listed … Continue reading ITV sells broadcasting arm to Sky for £1.6 billion