Ascent quits Chiswick Park
Written by Chris Forrester
Tuesday, 05 January 2010 20:10
Playout specialist Ascent Media is selling its purpose-built facility at Chiswick Park, West London, to its Number 1 client Discovery Communications.
Ascent says it has a binding Letter of Intent with Discovery for the deal, subject to both board’s approval. This shouldn’t create too many headaches as Liberty Media, with one or other hats on is involved closely in both operations. The deal is expected to close within a few weeks.
Ascent’s facility was built in 2005 at Chiswick Park, now very much a media centre in West London, and handles about 50 channels for Discovery.
Terms were not revealed.