Cable billionaire John Malone took another step to expand in TV programs and production with the purchase of a stake in ITV Plc, the U.K.’s biggest commercial broadcaster with top-rated shows such as “Downton Abbey.”

Malone’s Liberty Global Plc acquired 6.4 percent of London- based ITV from Rupert Murdoch’s British Sky Broadcasting Group Plc for 481 million pounds ($824 million). ITV shares jumped as much as 10 percent in London. Liberty Global said it doesn’t plan to make a full takeover bid for now.

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