Sunday 10 May 2015

BBC Worldwide takes 25% stake in producer Curve Media

Title: BBC Worldwide takes 25% stake in producer Curve Media

Summary:
This article is about how BBC Worldwide have taken a stake in Claimed and Shamed producers Curve Media after the chief executive Tim Davie said he had “re-engaged the engines” on investing in production companies. The BBC’s commercial wing will “make more of these sorts of investments” said Davie, who said Worldwide is “pushing through a number of deals”.

Facts/Phrases:
Ø  BBC Worldwide has taken stakes in companies before such as comedy specialist Big Talk (which is now owned by ITV) and drama company Left Bank (which is majority owned now by Sony) but Davie said he has “re-engaged the engines on this” but with “a specific brief” and is “pushing through a number of deals … we’re ambitious in the UK, we’re going to build our capability”.


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