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Old 22-01-2009, 17:47   #1
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BBC and Channel 4 in talks to buy Virgin Media's UKTV stake

The BBC and Channel 4 have joined forces for negotiations to buy Virgin Media out of UKTV, which owns channels including Gold and Dave, MediaGuardian.co.uk can reveal.

Talks with Virgin Media over its 50% UKTV stake form part of what are understood to be wider discussions between the BBC and Channel 4 about creating a "UK content company".

The talks could see the commercial broadcaster join BBC Worldwide in the UKTV business by buying out Virgin Media's stake.

http://www.guardian.co.uk/media/2009...l4-virgin-uktv

Info from Media Guardian online.
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