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Television Corporation

Television Corporation, the TV production company, is to be acquired by Tinopolis.

Television Corporation is to sell its Visions outside broadcasting operation to NEP of the US for £17m.

Television Corporation is to raise £5.8m in a share placing to fund the expansion of its TV production business and to develop the UK Powerboat Grand Prix in Plymouth over the next six years.

Television Corporation is to acquire Offshore Sport Promotion, the owner of TV and commercial rights to the world offshore powerboat championships, for up to £15m.

Television Corporation is to exercise an option to buy the remaining 50% of Mentorn, the independent TV production company, for up to £22m.

Television Corporation is to buy Mentorn, the independent production company, and is now seeking additional UK acquisitions.