US channel group Scripps Network Interactive is close to acquiring Virgin Media’s 50% stake in British thematic channel operator UKTV.
The company, which operates a raft of US cable networks including the Food Network and the Travel Channel, is expected to pay around £350 million (€400 million) for the stake. BBC Worldwide, the commercial arm of the British public broadcaster, owns the remaining 50% stake in UKTV, which operates channels including Dave, Yesterday, Really and Good Food.
Two potential barriers to a sale – a recent advertising sales deal between UKTV and Channel 4, and problems over video-on-demand rights to BBC Worldwide content – have reportedly been surmounted.
DTVE Digital Symposium looks in depth at Android TV, pay TV integration and local regulation digitaltveurope.com/2020/09/25/dtv… https://t.co/1GJzr3dpgL
25 September 2020 @ 12:06:19 UTC
ICYMI: US set for ‘historic’ cord-cutting digitaltveurope.com/2020/09/24/us-…
24 September 2020 @ 19:00:01 UTC
ICYMI: IPL season opener ‘highest ever opening day viewership for any sporting league in any country’… twitter.com/i/web/status/1…
24 September 2020 @ 18:00:01 UTC