Fox Kids considers European float

- Fox Kids Europe, the children's cable and satellite station that is part-owned by Rupert Murdoch's Fox Broadcasting Company, is considering a European stock market listing.

- Fox Kids Europe, the children's cable and satellite station that is part-owned by Rupert Murdoch's Fox Broadcasting Company, is considering a European stock market listing.

Fox Kids, which is based London, was launched in 1997 as a joint venture between Fox Broadcasting and Saban Entertainment, which owns more than 5,000 hours of children's television programming including Mighty Morphin' Power Rangers.

The flotation will be used to fund expansion in Europe as Fox Kids pursues aggressive plans to reach 18 million homes in 30 countries by the end of the year. It currently operates in the UK, France, Germany, the Netherlands, across Scandinavia, Poland, Spain and parts of central Europe.

Fox Kids is also plannning to expand on the internet. It wants to invest in the internet in order to become a leading web portal for children's entertainment.

No decision has yet been taken on whether to seek a listing in London, Frankfurt or the Netherlands.



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