
Read this: Investors circle around Channel 4 as privatisation draws interest

Summary: Ownership of free terrestrial channels has formed a key part of Discovery's expansion strategy in European markets and it recently acquired pan-European rights to the Olympics, which come with obligations to show the games on free-to-air TV. Discovery is also a joint owner of one of Channel 4's biggest programme suppliers, the production company All3Media, which makes hits including Gogglebox, so could further benefit from sway over the broadcaster's commissioning. David Abraham, Channel 4's chief executive and a former senior Discovery executive, has voiced industry fears over American takeovers of British television assets. - www.telegraph.co.uk
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