Carlton Communications has acquired a 20% stake in Sunrise Television, at a cost of up to £5.4m, whilst Disney has increased its holding in the breakfast franchise winner by 10%.
This latest deal increases the in- breeding that characterises the TV franchise holders. Carlton already has a 20% stake in Central, and now joins STV and LWT as a shareholder in Sunrise.
In addition, LWT, Carlton and Sunrise are currently holding discussions on sharing premises ( LWT’s South Bank offices) and are examining other cost- cutting tie-ups.
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