Brexit And The UK Television Industry: ITV First In The Firing Line, But Worries For Sky Too

There's a reason why neither of Britain's two biggest commercial television companies expressed a pre-referendum view on the merits of Brexit: both Sky and ITV are Ofcom-regulated news providers, and must stay impartial in all political matters. But, like all other FTSE 100 companies, they are deeply affected by the vote for Brexit – ITV in a more short-term way, and Sky because of more complex, long-term and contingent circumstances.