Search form

Saban Re-Sights on ITV

Just days after Hiam Saban withdrew his bid to acquire KirchMedia's television and its library, the American entrepreneur is said to be teaming up with a consortium to buy British broadcaster ITV. Some say he's looking to buy ITV shareholder companies Granada and Carlton, which are planning to merge to form a $4.4 billion ITV company. The two broadcast/production/distribution powerhouses are working on a solution to make their merger pass the Competition Commission regulator in the U.K. Saban reportedly has been talking to London-based venture capital firm Apax Partners to prepare a bid for either company.