Report: Discovery, NBCUniversal, Saban Capital Mull Bids for U.K.’s Channel 5

Report: Discovery, NBCUniversal, Saban Capital Mull

Discovery Communications, NBCUniversal and Saban Capital are among the media players mulling bids for U.K. broadcaster Channel 5.

According to a report published Sunday in the Financial Times, bids for the company are due on Thursday.

Channel 5 owner Richard Desmond (pictured), a British publishing mogul, hopes to fetch more than $1 billion for the asset, which he bought in 2010 for about $173 million.

The FT reported that Discovery is considering a joint bid with 21st Century Fox-controlled British Sky Broadcasting.

NBCUniversal has been actively expanding its international holdings in recent years under parent company Comcast Corp. Saban Capital, parent company of Univision Communications, is a frequent contender when big media assets come on the block.

Investment bank Barclays is handling the Channel 5 sale for Desmond.

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