Carlton's Green to Link with Saban in ITV Takeover Bid?

12 November 2003

Michael Green, chairman of Carlton Communications and recently thwarted by dissident shareholders in his bid to take the mirror role at a merged ITV [WAMN: 23-Oct-03], might - just might - achieve that ambition after all.

Word around London's media parish pump is that Green has teamed with his old pal Haim Saban, head honcho of US private capital firm Saban Capital Group, which in August acquired German TV giant ProSiebenSat.1 [WAMN: 06-Aug-03].

Saban, who made his millions inflicting Mighty Morphin’ Power Rangers on the world’s kids and its merchandising spinoffs on their parents, has already expressed a public interest in making a bid for the merged ITV - currently in the final phase of obtaining regulatory approval.

According to the grapevine, prior to Green's ousting he and Saban had planned a bid for the combined network had permission for a Carlton/Granada merger been refused by the UK government.

Data sourced from: Media Week (UK); additional content by WARC staff