Quote:
Originally Posted by 1andrew1
I imagine the next All3Media board meeting will be interesting as it's owned by VM and Discovery. The latter co-owns UKTV with the BBC but will have seen the value of UKTV reduce with the channels being delisted by VM.
|
Discovery only recently bought Scripps which gave them the stake in UKTV and this triggered a clause the BBC had in place which allows them to buy the 50% it doesn't own. Discovery will be very annoyed they may be forced out of UKTV.
The BBC, for competition reasons, won't be keeping the 50% if they do buy it, they have been talking with ITV and Channel 4 to get them to buy it from them. They want their UKTV partner to be a British broadcaster.