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ITV to slash costs by £30m ahead of Sky takeover deal probe

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ITV to slash costs by £30m ahead of Sky takeover deal probe
Photo / Coverage: The Independent - BusinessCredit: Holly Williams
EXECUTIVE SUMMARY

The group – which agreed a £1.6 billion deal in July to sell its media and entertainment division to Sky – reported an 8 per cent drop in overall advertising revenues

Key Takeaways

  • ITV to slash costs by £30m ahead of Sky takeover deal probe.

The group – which agreed a £1.6 billion deal in July to sell its media and entertainment division to Sky – reported an 8 per cent drop in overall advertising revenues

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Published originally on The Independent - Business

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