Charles Allen, former ITV chief executive, is set to return to TV as the non-executive director of Endemol, producer of Channel 4 reality show Big Brother.
Allen is to join the board of the Dutch TV producer following his appointment as senior adviser to the private equity division of investment bank Goldman Sachs.
He is set to advise Goldman Sachs Equity Partners, a shareholder in Endemol, on a variety of media issues.
Recent reports have claimed that Endemol could be getting ready to make a bid for ITV after the company’s co-founder said that the UK broadcaster was a possible takeover target.
However, it has also been reported that the Dutch firm’s level of debt make a bid for the whole of ITV unlikely.
Meanwhile, Italian company Mediaset said on Friday that it is considering a number of acquisitions, with ITV among them.
BSkyB currently owns a 17.9% stake in ITV, although it has been told to reduce this to below 7.5% by the Competition Commission (see ITV Welcomes Ofcom’s Public Service Proposals).
However, the satellite broadcaster is currently taking part in a legal challenge against this ruling.
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