C4/Five merger back on?
March 29, 2010
The owner of Channel Five, RTL, is reported to have made a renewed approach to Channel 4 about a possible commercial tie-up between the two UK broadcasters.
RTL chief executive Gerhard Zeiler, who recently admitted that Five’s value lay as an asset in the expected consolidation of the UK TV market, is said to have had a meeting earlier this month with Channel 4’s chairman and its incoming chief executive, David Abraham, to discuss potential areas of commercial partnership.
Obstacles to a full merger would include Five’s disadvantageous deals for US shows such as the CSI franchise where it has made major revenue guarantees. RTL made a E22 million writedown last year relating to “revised revenue expectations for acquired US series”.
Other posts by :
- SES happy with releasing 160MHz of spectrum for 5G
- Inmarsat “likely to win appeal” over Ligado/AST action
- FCC seeks fair play over foreign satellite access
- Bank raises RocketLab target price
- Ukraine wants its own LEO system
- SpaceX outlines Starlink cellular delivery plan
- NAB vs CTIA on C-band release
- Laser terminals to operate at 100x faster
