ITV is in talks with Sky over the possible sale of its media and entertainment (M&E) division in a deal worth £1.6bn. Sky News understands the approach centres on the potential creation of a UK-focused streaming giant and does not include the company's studios arm, which makes shows such as I'm A Celebrity. Paul Kelso looks at what the proposed sale would mean for the British broadcasting landscape. Full story: https://news.sky.com/story/itv-in-preliminary-talks-over-1-6bn-sale-of-media-and-entertainment-arm-to-sky-13465599  #skynews #uknews #breakingnews #sky #itvnews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales