Len Blavatnik, a billionaire industrialist, is reported to be set to acquire digital sports group Premium TV in a deal worth an estimated £25 million.
Premium TV builds and manages broadband websites for sports groups including the Premier League and 87 football league clubs in the UK. It manages the content on the sites and allows content owners maximise income and reach through the creation and distribution of multi-platform digital products.
According to UK press reports, talks are advanced and it is reported Mr Blavatnik is likely to put Premium TV alongside the other media interests that form part of his Access Industries conglomerate.
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