Sky News Shopping For U.S. Partners

British Sky Broadcasting is scouting for joint venture partners for its 24-hour Sky News operation, and a BSkyB spokesman confirmed that the company is hunting U.S. news partners.

CBS, CNN, ABC-owned WTN and Time Warner are among potential partners being courted, a BSkyB source said.

The direct-to-home venture’s operating losses are estimated at $60 million this year. Sky News recently fired 15% of its staff in an effort to save money.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading