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
Meagan Kashty is an associate editor of realscreen, an international print and online magazine that covers the non-fiction film and television industries. Meagan is an award-winning business journalist. Prior to joining the realscreen team, Meagan was online editor of Canadian Grocer, named Magazine of the Year at the 2015 Canadian Business Media Awards. She can be reached at mkashty@brunico.com, and you can follow her on Twitter @MegKashty

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