Talk about ITV selling off or merging its production business has been one of the British television industry's longest-running rumors. Reuters is reporting that the company is in talks to merge ITV Studios,

ITV has held early talks with the Abu Dhabi-backed investment group RedBird IMI, led by CEO Jeff Zucker, about a potential merger of their production businesses, according to Reuters. Citing two people with “knowledge of the situation,

News agency Reuters is reporting that ITV is in “early stage” talks with All3Media owner, RedBird IMI to merge the two companies’ production businesses.

RedBird already owns All3Media following its £1.15bn acquisition last year and a merger would create one of the biggest production groups in the world, with combined revenues ofcirca £3.2bn, based on 2023 numbers.

Jo Crowley, Hadeel Al Sayegh and Paul SandleLONDON/DUBAI (Reuters) - British broadcaster ITV has been holding early-stage talks with Abu Dhabi-backed group RedBird IMI about a possible merger of their respective production businesses,

ITV is reportedly in talks with the Abu Dhabi fund that bid for The Telegraph about merging its studio business with the maker of The Traitors. A deal would create one of the largest film powerhouses in Europe, worth around £3billion.