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ITV plots UKTV bid to boost digital presence.(ITV PLC plans to acquire UKTV portfolio of digital television channels)(Brief Article)

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| January 14, 2005 | COPYRIGHT 2005 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ITV plc is plotting a bid for the UKTV portfolio of digital television channels in a move designed to shore up its stake in the digital TV future.

Although ITV has yet to make a formal bid, it is understood the move is under serious consideration. It would strengthen ITV's presence on the digital platforms whose growth has contributed to ITV1's decline.

UKTV operates as a joint venture between Telewest's content arm, Flextech TV, and the BBC, and is made up of nine digital channels, including UKTV Gold and UKTV History, as well as several time-shifted versions. The sales house IDS, under investigation by Flextech (see page 4), holds the airtime sales contract for UKTV.

A disposal of Telewest's content business, which also includes the wholly owned Flextech channels Bravo and Living, could accelerate its long-awaited merger with the rival cable company ntl. The two companies have recently emerged from major debt restructuring programmes.

ITV has also been refocusing its ...

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