TV Centre potentially safe and GCap maybe ready to fall 

5 March 2008

If you’re one of those people who think that the BBC would be insane to sell off its flagship building, then you might be encouraged by something on Media Guardian this morning – reports are that the sale looks unlikely following less than expected bids for BBC Resources.

Not that that means that TV Centre is yet safe, nor that the BBC will continue to use most of it – the corporation’s plan was to move out entirely by 2012.

Meanwhile the pressure is now on GCap Media following its recent stalking by Global Radio – reports are that two major institutional shareholders are now pushing GCap to start talking to their potential suitor.

Maybe the end really is in sight for this particular saga…

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