Newspaper article The Journal (Newcastle, England)

Former BBC Chief's `Talks with Telefonica'

Newspaper article The Journal (Newcastle, England)

Former BBC Chief's `Talks with Telefonica'

Article excerpt

Former bbc director-general Greg Dyke is in talks that could lead to him running the company behind the Big Brother series, it was reported yesterday.

Mr Dyke is thought to have been approached to head up Endemol ( which also brought Fame Academy, Ready Steady Cook and Ground Force to television screens in the UK ( ahead of a pounds 1.75bn planned flotation later this year.

He was said to be in talks with Endemol's Spanish owner, telecoms giant Telefonica.

An executive who knows Mr Dyke was quoted as being hopeful a deal could be struck.

He said the plan was to float Netherlands-based Endemol on the London Stock Exchange and added: "It probably wouldn't be all that long before it joined the FTSE 100 Index."

Mr Dyke ( a former Journal reporter ( left the BBC in January last year after Lord Hutton's verdict on the BBC's reporting of the Government's claims on Iraq's access to weapons of mass destruction.

It is thought he was introduced to Telefonica by investment bank UBS. …

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