Why is Sky buying the home of Coronation Street?

Cancel Corrie? No chance! ITV will remain free-to-air and continue to show fan favourites, such as Coronation Street and Love Island, following a deal to sell the broadcaster to Sky.

Both Sky and ITV insist the move will make it easier to compete with global streaming giants like Netflix. And there’s a commitment to buy programmes from ITV Studios – which is not included in the sale – until 2034.

But what does the deal mean for both viewers and the UK media landscape? And will regulators have questions about Britain’s biggest commercial TV station being snapped up by a US-owned rival?

Niall Paterson is joined by Sky’s business correspondent Paul Kelso.

Sky is the parent company of Sky News, which makes this podcast.

Have you got a question for Niall? Email the show – why@sky.uk