Tuesday, May 25, 2010

RTL to launch auction for U-K's Channel Five

Europe's biggest commercial broadcaster RTL Group AUDK.LU plans to sell off its British broadcaster Channel Five, the Daily Telegraph reported in its Wednesday edition. Citing unnamed sources the paper said RTL had lined up advisors to prepare a "tender process" for the British TV channel, home to imported TV shows such as Australian soap opera Neighbours and U.S crime drama CSI. Reuters

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