US telecom firm Comcast aims to buy media and entertainment arm for £1.6bn but not Love Island maker ITV Studios• Business live – latest updatesITV has told the market it is in preliminary talks to sell its broadcasting arm to the parent company of Sky in a £1.6bn deal, sending shares soaring by almost 20%.Comcast, the US telecom company that owns NBCUniversal, hopes to snap up ITV’s media and entertainment operations, which include its free-to-air TV channels in the UK and ITVX streaming platform. Continue reading...