Lord Alan Sugar hired to save YouView

BBC along with other territorial broadcasters have come together to hire Lord Alan Sugar for saving the ailing YouView. It is a venture that looks into the business of Internet connected set-top box.

Till now, the company has already cost BBC £6 million because of persistent delays in the business and its execution.

That is the reason why Lord Sugar has been offered the post of Executive Chairman and has replaced Kip Meek, a senior broadcast figure. Kip departed after staying in the firm for a period of eight months alone.

But Kip is not the only one to have quit the role, there are other senior broadcasters as well who have had a stint in the board of directors and then left the jobs. Most of them have been unexpected. And now, YouView and its owners are hopeful that Lord Sugar is not going to leave the company and will be trying very hard to make sure that some good progress is done in the company.

BBC, ITV, Channel 4, Channel Five, TalkTalk, BT and Arqiva are the stakeholders and have got equal stake in the company.