ITV confirms interest in All3Media acquisition

In brief

ITV has confirmed that it is “actively exploring” an acquisition for production company All3Media, the maker of popular shows Fleabag and The Traitors.

In a letter to shareholders this morning, ITV said: “There can be no certainty as to whether any transaction will take place, nor as to the terms of any such transaction.”

Reuters reported yesterday that ITV is looking to combine All3Media with ITV Studios, its own in-house production and distribution business.

ITV CEO Carolyn McCall insisted earlier this year that ITV Studios operation “is not for sale.”