... as widely speculated
Virgin Media's UKTV stake up for sale
Cable company puts price tag of about £350m on 50% stake in broadcaster, with BBC Worldwide having first refusal. Virgin Media has put its 50% stake in UKTV, owner of channels including Dave and Gold, up for sale with a price tag of about £350m.
The cable company, whose chief executive Neil Berkett admitted to MediaGuardian.co.uk two weeks ago that a UKTV sale was being lined up, has moved one step closer by reportedly appointing UBS and Goldman Sachs to find a new owner.