Bit more news on the deal from Sky News:
Quote:
Sky News The transaction, which is expected to be announced on Friday, will see All3Media owned by a new joint venture being established by the two US-listed media groups.
Discovery and Liberty Global, which owns Virgin Media, a competitor to Sky News' owner BSkyB, are understood to be drawing up plans for further takeovers to create an independent global content platform.
|
http://news.sky.com/story/1257560/di...-for-all3media