Mergers and Acquistions News
Categories: Media & Information Services
January 19th 2009, 17:11PM
Channel 4 and Five continue to sound each other out about the possibility of a merger, sources have told the Financial Times.
The newspaper reports that a deal mooting the merger – which has dominated the media press in recent weeks – has been discussed at a high level, with Channel 4 chairman Luke Johnson meeting his counterpart Gerhard Zeiler, who heads up Five's parent company RTL.
Quoting a person with "knowledge of the matter", what were termed "preliminary" discussions are believed to have already been held.
Mr Zeiler has told the FT that he is confident such a merger could work, commenting: "I see this [merger] as public-private partnership [PPP] and I strongly believe PPP would work in the TV industry as in other industries."
He described the pair as "complementary broadcasters", who shared "many characteristics".
Any tie-up would have a major impact for the domestic television landscape, with the British broadcasting regulator Ofcom publishing proposals regarding the development of public service broadcasting this week.
Related News
Categories
- BPO (32)
- Hardware (118)
- IT Services & Consulting (227)
- Media & Information Services (167)
- Semi-Conductors (77)
- Software (230)
- Telecoms (331)
Archive
- May 2012 (0)
- April 2012 (0)
- March 2012 (0)
- February 2012 (0)
- January 2012 (1)
- December 2011 (20)
- November 2011 (20)
- October 2011 (20)
- September 2011 (20)
- August 2011 (20)
- July 2011 (20)
- June 2011 (21)