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
Barry Walsh is editor and content director for realscreen, and has served as editor of the publication since 2009. With a career in entertainment media that spans two decades, prior to realscreen, he held the associate editor post for now defunct sister publication Boards, which focused on the advertising and commercial production industries. Before Boards, he served as editor of Canadian Music Network, a weekly music industry trade, and as music editor for HMV.com. As content director, he also oversees the development of content for the brand's market-leading events, the Realscreen Summit and Realscreen West, as well as new content initiatives.

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