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    BSkyB in talks to sell ITV stake

    This is a discussion on BSkyB in talks to sell ITV stake within the Sky news and announcements forums, part of the SkyUser Announcements category; BSkyB is in talks to sell its stake in ITV to RTL, Channel 4's News at Noon has reported. More ...

    1. #1
      NewsreadeR's Avatar
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      BSkyB in talks to sell ITV stake

      BSkyB is in talks to sell its stake in ITV to RTL, Channel 4's News at Noon has reported. More follows.

      Source: Broadcast


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    3. #2
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      Sky to sell ITV stake to RTL in exchange for "Five"?

      Saturday's edition of The Independent reported on rumours that BSkyB may be planning on selling its 17.4% stake in ITV plc to the RTL Group.

      The RTL Group is a European media giant, and currently owns UK channels "Five", "Five Life" and "Five US", along with 20% of "Top Up TV".

      The Independent on Sunday and Channel 4 News have also both featured rumours that, rather than simply selling its ITV stake to RTL, Sky may swap it for control of the "Five" channels.

      Sky's original purchase of 17.9% of ITV plc shares in November 2006 effectively prevented cable giant Virgin Media (still known as "NTL:Telewest" at the time) from going ahead with a proposed merger with ITV plc.

      The Competition Commission is currently investigating Sky's original purchase, and as such any deal by Sky to sell its shares in ITV plc would require sanction from Alistair Darling (Secretary of State for Trade & Industry) before it could go ahead.

      Around the time of NTL:Telewest's bid for ITV plc, and shortly before Sky's purchase of a stake, RTL was rumoured to also be interested in purchasing ITV plc. Swapping Five for Sky's ITV stake could help RTL achieve that aim.

      Sky and RTL are also both apparently interested in bidding for Channel 4, should the Government decide to privatise it.

    4. #3
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      Re: Sky to sell ITV stake to RTL in exchange for "Five"?

      D'oh, already had a news story here:

      BSkyB in talks to sell ITV stake


      Hey, I was in Scotland all weekend - only just noticed NewsreadeR's post

    5. #4
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      Re: Sky to sell ITV stake to RTL in exchange for "Five"?

      also on digispy on Friday:

      Broadcasting - News - Sky to swap ITV stake for Five? - Digital Spy

      after being on channel 4 news.

    6. #5
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      Re: Sky to sell ITV stake to RTL in exchange for "Five"?

      If they do the deal it will save approx half a million pounds, which is what the Competition peeps need to allow though.


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    7. #6
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      Re: Sky to sell ITV stake to RTL in exchange for "Five"?

      If it was to go through.. Would that give BSkyB enough power to fiddle programmes?

      Like if they could, Then they could have, Prison Break, CSI all those popular shows on SkyOne..
      So what the VM guys could watch now cant..?

    8. #7
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      Re: Sky to sell ITV stake to RTL in exchange for "Five"?

      The 'rights' would be for the shows to be shown on 'free' tv so they couldn't just move them to Sky subbed channels.

      I doubt regulations would allow them to do it anyway.

    9. #8
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      Re: Sky to sell ITV stake to RTL in exchange for "Five"?

      If the deal goes through it will be one of the biggest deals ever from what I can understand.

      If they get control of Channel 5, which is what they want I think, then they could theoretically just swap their shares for ITV for the whole of Channel 5.

      Just think, you would not need a dish to watch Lost etc


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    10. #9
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      Re: Sky to sell ITV stake to RTL in exchange for "Five"?

      Going to merge this thread with the original.


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