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Read this: UKTV CEO quits as BBC prepares to take full control of broadcaster

Summary: The corporation's board is meeting next week and is expected to approve a deal to take control of the bulk of UKTV, which broadcasts 10 free-to-air and pay-TV channels, including a one-off payment of as much as 250m. UKTV is currently jointly owned by BBC Studios, the corporation's commercial arm, and the Eurosport owner, Discovery. The BBC has been approached in the past about selling its stake in UKTV, worth at least 500m, but instead has decided to spend big to take control of the hugely profitable business. - www.theguardian.com

www.theguardian.com link iconwww.theguardian.com

UKTV CEO quits as BBC prepares to take f…



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