SelecTV moves into business programmes
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.SELECTV, the independent television producer best known for its Birds of a Feather comedy series, is expanding into business programmes with the acquisition of a 50 per cent stake in Tribeca Television.
The company is paying a maximum of pounds 91,000, of which pounds 25,000 will be an initial cash payment. The business was founded by Jeffrey Ferry, a financial journalist, who produced and presented Saving the American Dream for Channel 4 last year.
Allan McKeown, SelecTV's chief executive, said the business television market represented a 'new growth area' for the company. Until now the group has specialised in comedy and comedy-drama productions, including Auf Wiedersehen Pet, Porridge and The New Statesman.
'A greater public awareness of the importance of business and, in response, a need for broadcasters to develop more specialist strands of programming has created a growth market in business television,' Mr McKeown said.
Separately, the company announced that Tracey Ullman would star in a satirical radio show to be produced by SelectTalk, its radio division.
The programme is for London Light, the AM-frequency comedy and sports service proposed by London Radio Company, which has applied for two commercial radio licences for Greater London. SelecTV has a 20 per cent interest in the venture.
SelecTV shares were unchanged at 21p yesterday.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments