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http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl >> News and Comment >> USA buying "US" http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl?num=1536568531 Message started by Administrator on Sep 10^th, 2018, 8:36am

Title: USA buying "US"
Post by Administrator on Sep 10^th, 2018, 8:36am

According to this "Variety" article, written by Stewart Clarke (International Correspondent) US Media Giants are eyeing-up UK media companies- including ITV - due to the weak UK currency.

LIberty Global already has a 9.9% stake in ITVplc.
Viacom own Channel 5, however, since their purchase the amount of US aquired programming has decreased. The channel has invested in UK- originated material.

In his article, Stewart quotes Kevin MacLellan- chairman of global distribution of NBC Universal- “We have invested a billion dollars in production in the U.K. in the past three years,” he says. “I don’t see that slowing as a result of Brexit. … There is too much talent and too many advantages in that market for us to slow that down.”.