As usual, the British press is all over the map with their reports. The Times warns that “the entire Woolworths empire, including its stake in 2Entertain, the BBC joint venture, is likely to be in administration by the end of the week.” They add that “the BBC is trying to cut its initial 100 million pound offer to take full control of 2Entertain.” But the Guardian fires back with a spokeswoman for the BBC calling the threat of administration for 2Entertain “categorically untrue.” She adds, “Our view is it is not going to go into administration, you can’t put a […]
