MEDIA BRIEFS: Pearson TV set for CLT-UFA merger deal

Bertelsmann-owned European commercial broadcaster CLT-UFA is set to merge with independent production company Pearson Television. The new group will have annual revenues of pounds 4 billion and will seek a listing on the London Stock Exchange. The company will also own 65 per cent of UK Channel 5.

Bertelsmann-owned European commercial broadcaster CLT-UFA is set to

merge with independent production company Pearson Television. The new

group will have annual revenues of pounds 4 billion and will seek a

listing on the London Stock Exchange. The company will also own 65 per

cent of UK Channel 5.



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