TeleCommunications Inc is about to gain control of Flextech. This will mean that Flextech will have control over Bravo, and its stake in the Children’s Channel will increase from 50.1% to 75%. Flextech has a 39% stake in The Family Channel and will gain TCI’s 24% stake in UK Gold and 35% of UK Living.
Speculation is that the deal could be a step towards the creation of a sales house representing the non-BskyB channels.
BSKYB SUES BARKER
BSkyB is taking legal action against the BBC and Sue Barker after Barker broke her contract with BSkyB to join the BBC.
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