The 10-year funding commitment Comcast made to Sky News during the 2018 acquisition is nearing its expiration date.
David Rhodes, executive chair of Sky News, said the Comcast commitment provides Sky News with more security than most other organisations, and that the parent company has been "supportive of our independence every step of the way."
The transition follows several international adjustments for Sky, including the termination of a licensing agreement with News Corporation for Sky News Australia, which will rebrand as News24.
Additionally, Sky recently exited Sky News Arabia, a joint venture in the United Arab Emirates that faced criticism over its Sudan conflict coverage.
Dana Strong, chief executive of Sky, told staff last year that the broadcaster would continue to back Sky News regardless of any ongoing support by Comcast, which has cut jobs at NBC News in the US.
Furthermore, Sky is currently preparing to officially announce a £1.6 billion takeover of ITV's media and entertainment operations.
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If approved by regulators, the newly formed spin-off company will control a 40 percent stake in ITN, which produces news for ITV, Channel 4, and Channel 5.
