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
Daniele Alcinii is a news reporter at realscreen, the leading international publisher of non-fiction film and television industry news and content. He joins the rs team with journalism experience following a stint out west with Sun Media in Edmonton's Capital Region, and communications work in Melbourne, Australia and Toronto. You can follow him on Twitter at @danielealcinii.

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