Virgin Media halts disposals
Virgin Media is believed to have put plans to sell a basket of television channels on hold, as it looks at ways to secure the best price.
The pay-TV broadcaster is thought to have been mulling a sale of the £160m-worth of assets, including Living, Bravo and Trouble, and to have narrowed potential buyers down Viacom, Time Warner and BSkyB.
But it is now said that Virgin Media is considering bundling its £300m share of UKTV, a joint venture with the BBC, into the deal to get a better return. UKTV, which operates Dave, has been a highly successful business.