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USA buying "US" (Read 154 times)
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USA buying "US"
Sep 10th, 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 dont 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..
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« Last Edit: Sep 10th, 2018, 10:27am by Administrator »  

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