BBC mulls $3.5 billion sale of Worldwide division
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LONDON (CBS.MW) -- The publicly-funded British Broadcasting Corp. approached Time Warner (TWX) , Germany&#39;s Bertelsmann and Walt Disney (DIS) as potential bidders for BBC Worldwide, its commercial sales and
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The owners of cable firm NTL are to sell its Irish division in a deal that could be worth 150- 200 million, writes Jamie Smyth, Technology Reporter.
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Media & professional: The corporation's global presence is threatened by the licence fee squeeze, writes James Robinson.
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Media General Inc said on Monday it  may sell five television stations to reduce debt and bolster  its balance sheet as the publisher and broadcaster deals with  an advertising slump in its newspaper business.
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The BBC is about to come under renewed pressure to sell off more of its commercial assets, despite proposals to reshape the corporation unveiled by Mark Thompson, its director general, this week.
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Stake in Deutsche Telekom AG may be sold by Germany for â¬4.45 billion ($5.5 billion) as EU faces finance deficits and seeks for the ways to resolve the problem.
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The BBC, the world&#39;s largest public broadcasting company, announced plans on Tuesday for some of the biggest budget cuts in its 82-year history, slashing at least 10 percent of its staff and more than $550 million.
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BBC Worldwide, The BBC&#39;s international television broadcasting arm, will launch an aggressive push for international audiences and advertising later this year on the back of strong profits, the Financial Times reported on Monday.
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U.S. cable channel The Weather Channel is to be put up for sale and could fetch more than $5 billion, The New York Times said in an online report on Thursday, quoting people briefed on the auction.
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The worldâs third-largest oil firm also said it planned to dispose of Â£5.6bn to Â£6.7bn of non-core businesses over the three years and would look at &quot;focused acquisitions&quot; to create value.
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Traditional link between BBC and licence fee could be broken by reforms being considered by Ofcom
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Cable and Wireless is in preliminary talks with pensions buy-out firms over the possible sale of its &pound;2bn ($4.1bn) pension fund, which would clear the way for a demerger of the company's UK and international businesses.
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Minister gets involved Trade and Industry minister Alastair Darling has asked Ofcom to investigate BSkyB's purchase of a 17.9 per cent stake in ITV. He wants the regulator to provide him with advice on whether the deal has public interest implications by 27 April. Ofcom said is also looking at the possible impact on programming.â¦
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U.S. cable channel The Weather Channel  is to be put up for sale and could fetch more than $5 billion,  The New York Times said in an online report on Thursday,  quoting people briefed on the auction.
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ELEANOR HALL: To Britain now, where the world&#39;s largest public broadcaster, the BBC, is about to undergo what its Director-General is calling a &quot;transformation&quot;.
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The BBC director-general unveiled &quot;painful&quot; plans to axe up to 5,000 jobs and sell off commercial ventures yesterday in a radical blueprint to direct an extra Â£320 million a year into improving programmes.
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LONDON, DECEMBER 7 : The British Broadcasting Corporation (BBC) Britainâs venerable public broadcaster, plans one of the biggest shake-ups in its 82-year history by axing at least 10 per cent of its jobs and trimming 320 million pounds in costs, company