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ITV, RedBird IMI in early-stage talks to merge production businesses, sources say

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ITV, RedBird IMI in early-stage talks to merge production businesses, sources say

30 January 2025, 1:24 pm

1 min read

Signage is seen on the side of an ITV office building at Media City in Manchester, Britain, May 13, 2024. REUTERS/Phil Noble

ITV shares rose 3.4% after Reuters exclusively reported that the UK’s biggest commercial broadcaster and streamer ITV had been in early stage talks with Abu-Dhabi backed fund Redbird IMI, which owns the producer of “The Traitors,” about a merger of their production businesses.