VITAMEDIAS
As BBC Flourishes, U.K. Changes Rest of the Dial: The British government, eager to reinvigorate the country's tired commercial broadcasting sector, plans to give U.S. and other foreign media companies the chance to swallow up the country's private-sector broadcasters.
The government recently introduced new legislation to allow non-European ownership of Britain's commercial TV and radio stations, and it's expected to become law next year. Executives from Viacom Inc., Walt Disney Co. and AOL Time Warner Inc. are already sniffing around.