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Maxwell To Sell TV Interests

Maxwell To Sell TV Interests

Robert Maxwell announced last night that he is to sell his TV interests, including his 20% stake in Central Television. The sale of Maxwell’s stake in Central could result in a change of ownership in the run-up to the next franchising round. Maxwell also intends to sell off his 12.5% stake in France’s TF1, his UK cable interests and his 51% stake in MTV. The news of the disposals comes in the same week that Maxwell announced plans to sell off many of his printing interests in an attempt to reduce debts (Newsline 1/10).

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