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Wednesday, December 14, 2005

Displeasure will abound 

My wife will be displeased. We just got the Hallmark Channel (more later), but we may lose it:

The auction of cable television's Hallmark Channel has attracted little interest so far, which could mean the channel will be pulled off the market, the Wall Street Journal reported on Wednesday....

Citing people familiar with the matter, the Journal said media conglomerate News Corp is among the bidders for the cable channel, submitting an indication of interest of less than $1 billion.

However, the report said the bid is likely too low for Hallmark Cards, which is looking for about $1.2 billion for the channel or $2 billion if the Hallmark library of movies is included in the deal....

From the Ontario Empoblog (Latest OVVA news here)

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