TV

AMC, BBCWW tight-lipped on Bloomberg report

AMC and BBC Worldwide are both declining to comment on a report suggesting they are in talks for AMC to acquire a 50% stake in U.S. cable network BBC America.
July 31, 2014

AMC and BBC Worldwide are both declining to comment on a report suggesting they are in talks for AMC to acquire a stake in U.S. cable network BBC America.

The news comes after Bloomberg reported yesterday (July 30) that AMC is looking to buy nearly 50% of BBC America, which broadcasts non-fiction content such as Top Gear, Ramsay’s Kitchen Nightmares and Planet Earth.

According to the report, which cited unnamed sources, AMC would look to pay cash for the stake in the network, which is available in roughly 80 million U.S. households. The deal would see the BBC continuing to maintain control of the network.

In a statement given to realscreen, a spokesperson for BBC Worldwide said: “BBC America has just recorded eight straight years of growth and has never been stronger in brand, ratings, advertising or critical acclaim. We do not comment on market rumors and speculation.”

A spokesperson for AMC, meanwhile, declined to comment.

In related news, BBC America has promoted Melissa Drucker from VP of national ad sales to senior VP of television sales, leading the channel’s ad sales team with immediate effect.

About The Author
Selina Chignall joins the realscreen team as a staff writer. Prior to working with rs, she covered lobbying activity at Hill Times Publishing. She also spent a year covering the Hill as a journalist with iPolitics. Her beat focused on youth, education, democratic reform, innovation and infrastructure. She holds a Master of Arts in Journalism from Western University and a Honours Bachelor of Arts from the University of Toronto.

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