Tinopolis, the company behind TV shows including Question Time and Crufts and producer of BT’s Premier League and Champion’s League coverage, is up for sale with a price tag of up to £300m.
The Welsh-based international media company, which also owns sports production business Sunset + Vine, is the UK’s last remaining truly independent TV producer.
Tinopolis is understood to have circulated a memorandum to a number of media owners and private equity companies that says the firm is considering a range of options, including a sale of the company.
The production company is thought to make about £25m-plus in profits. With a typical sale price usually about 10 times earnings the company could look for as much as £300m. It is understood that first-round bids by interested parties are due to be lodged imminently.