Idris Elba in Talks to Join £1 Billion Bid for Channel 4: Times

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The Sunday Times reported that a bid for Channel Four Television Corp could be worth $1 billion.

The newspaper reported that the two men were talking about a joint bid.

Channel 4 was to be privatised by the UK government. The channel could be worth between £750 million and £1.2 billion, according to analysts.

The process could take a long time.

Channel 4 broadcasts news and entertainment. It is subject to state-mandated responsibilities that include innovation. The channel is known for its popular programming and reality shows, including "Big Brother" and "The Great British bake off" as well as "Naked Attraction", where someone chooses a date from a group of naked contestants.

The actor, known for his roles in "The Wire" and "Luther," could be involved in a Channel 4 bid. He started a London wine bar and a record label.

According to The Sunday Times, at least 25 people have expressed an interest in buying Channel 4. It said that several companies are in the running, including Paramount Group, Vivendi SE, and Warner Bros. Discovery.

Channel 4 wouldn't comment on the story.