« David Duchovny may be Returning to Television | Main | Disneys' Iger says Web Payoff Years Away »

Nov12
Richard Branson Trying to get ITV

Richard Branson sold his mobile phone business to NTL for around $1 billion earlier this year. Part of the deal was that Branson would get an 11 percent stake in NTL.

Now he's pushing to get the company to make a bid on ITV. The bottom line in all of this is he would be part of a media company that could compete with Rupert Murdoch's BSkyB, the satellite television operator. The company would have the strength to bid against Richard Branson.jpgMurdoch's company for top sport matches.

According to one industry observer, 'Branson is interested in being part of a big and established media combine, but also one that is at the cutting edge of digital technology. NTL/ITV is surely the ticket.'

The price of ITV could be as high as £5bn, and if the deal becomes a possibility, would probably be partially funded by Wall Street banks.

This would be worth seeing happen just to see how Branson would be involved and how he would help to promote it.


0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« David Duchovny may be Returning to Television | Main | Disneys' Iger says Web Payoff Years Away »

Advertise

Related Resources


American Gangster - Web's top movie destinations, Fandango, the nation's largest movie ticketing service

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

My site was nominated for Best Entertainment Blog!

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



BizofShowBiz is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

BrainBasedBusiness

TheInsurancePolicy

MarketingBlurb