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BBC Worldwide ups stake in UK indie Lookout Point

BritishBroadcasting Corp. unit BBC Worldwide Ltd. increased its stake in indie Lookout Point to 49% from 35%, with bothparties agreeing to a full takeover option in the future, BBC Worldwideannounced Sept. 29.

Financial terms of the transaction were not disclosed.

Lookout Point's portfolio includes "War andPeace," "Ripper Street" and "Parade's End," as well asthe upcoming adaptation of "Les Misérables."