Virgin Media halts disposals

Virgin Media is believed to have put plans to sell a basket of television channels on hold, as it looks at ways to secure the best price. <br /><br />The pay-TV broadcaster is thought to have been mulling a sale of the &pound;160m-worth of assets, including Living, Bravo and Trouble, and to have narrowed potential buyers down Viacom, Time Warner and BSkyB.<br /><br />But it is now said that Virgin Media is considering bundling its &pound;300m share of UKTV, a joint venture with the BBC, into the deal to get a better return. UKTV, which operates Dave, has been a highly successful business.