LONDON (Reuters) – Two U.S. media companies are vying to become BBC Worldwide's new partner in UKTV, the broadcaster behind digital channels Dave, Watch and Gold, according to the Sunday Times newspaper.
Discovery Communications and Scripps Networks are trying to team up with BBC Worldwide, which owns 50 percent of UKTV, to buy the remaining stake from cable group Virgin Media, the paper said, without citing sources.
Sources familiar with the situation told Reuters in August that Virgin Media had appointed banks UBS and Goldman Sachs to help sell its stake in UKTV and that the holding had been valued at about 350 million pounds ($554 million).
The Sunday Times said BBC Worldwide did not have enough borrowing headroom to buy out Virgin Media on its own.
BBC Worldwide declined to comment. Virgin Media was not immediately available for comment, while Discovery and Scripps could not immediately be reached for comment.
($1=.6322 Pound)
Entertainment Plaza - TV, Movies, Sports, Music
http://members.shaw.ca/almosthuman99
Babe Of The Month
http://members.shaw.ca/almosthuman99/babeofthemonth.html
Hunk Of The Month
http://members.shaw.ca/almosthuman99/babeofthemonthman.html
No comments:
Post a Comment