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 :
- Eutelsat shareholders reach agreement at AGM
- Ghana makes MultiChoice fee decision
- SES announces €0.25c dividend
- Russia “blinding and destroying” German satellites
- Bank: AST, Starlink, Kuiper targeting $200bn market
- Rivada: Is no news good news?
- SES celebrates Intelsat acquisition
- Pakistan halts broadband direct-from satellite
- India stymies Starlink launch