RTL Eyes C4

LONDON, December 15:
The RTL Group is said to be eyeing a bid to acquire British broadcaster Channel
4, local press reports indicate.

JP MorganChase has been asked to explore the potential deal,
which could cost about £500 million. A proposed merger between the two groups
fell apart in 2004.

RTL Group already owns Five, and had previously considered a
bid for ITV plc. The European broadcasting behemoth, present in ten markets, is
keen to expand its British reach.

—By Mansha Daswani