I stay up to date on a much of the current news on Bloomberg and Bloomgerg BusinessWeek. There are actually two headlines this week that are of interest to genealogists and historians. One in particular is this news story for fans of Who Do You Think You Are? who are disappointed over NBCs cancellation of the show.
TLC a Discovery Company, is in talks with Ancestry.com to pick up Who Do You Think You Are? This sounds like a good fit, so fans can hope for successful negotiations. Although Bloomberg is reporting that talks are in the advanced stages, the Ancestry producers are also reaching out to other networks.
It’s not a surprise to learn that the cancellation by NBC contributed to a one third plunge in the value of Ancestry’s market value. A new show would attract more viewers and boost prospects for the sale of the company. Ancestry shares are currently trading at $31.22 +0.09(0.29%).
Click on Bloomberg to learn more details about current developments and potential buyers of Ancestry and contact information of the reporters of this story.