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Sky Receives Interest In ITV Stake

Sky Receives Interest In ITV Stake

Itv Logo BSkyB has reportedly received expressions of interest in its 17.9% stake in ITV from broadcaster RTL and US billionaire Haim Saban.

US billionaire Saban has a track record of close ties with Rupert Murdoch, having folded his television production company Saban entertainment into Murdoch’s Fox Family Worldwide.

Saban now operates the media investment company Saban Capital Group, which oversees Univision Communications, the Spanish-language media company; and Bezeq, Israel’s former state owned telecoms group, among other interests.

RTL, which owns Five, has previously held talks with Sky and is reported to have stepped up its interest, reports Brand Republic.

BSkyB recently confirmed the launch of a legal challenge against the competition regulator’s ruling ordering it to sell the majority of its ITV stake (see Sky Confirms Legal Challenge To ITV Share Ruling).

Sky: 08702 40 40 40 www.sky.com ITV: 020 7843 8000 www.itv.com

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