Read this: BBC plots £500m debt-fuelled bid for full control of Dave broadcaster UKTV
Summary: The BBC is manoeuvring towards a 500m bid for full control of UKTV, the broadcaster behind the Dave and Gold channels, in what would be a major expansion into the advertising and pay-TV markets. Under a change of control clause in the UKTV joint venture agreement, the BBC will have the right to buy out Discovery when the Scripps deal is completed early next year. - www.telegraph.co.ukwww.telegraph.co.ukBBC plots £500m debt-fuelled bid for fu…
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