RTL to use cash to enhance merger offer with Channel 4

LONDON - Channel 5 owner RTL is willing to consider improving its bid to merge with Channel 4 by offering a cash incentive.

RTL...bid to acquire Channel 4
RTL...bid to acquire Channel 4

The idea has been put to ministers who are understood to be  considering a Channel 4 merger as part of talks on the future of the broadcaster, according to The Times.

Channel 4 could also enter a partnership with the BBC's commercial arm, BBC Worldwide.

According to the newspaper, other possibilities, such as directly transferring money from the BBC, are no longer on the table.

Ministers have not yet had detailed  talks with RTL on the exact amount on offer but the figure could be over £100 million.

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