In July BSkyB completed its purchase of Virgin Media's other content division VMTV for £160m in a deal brokered by the investment banks UBS and Goldman Sachs. Goldman Sachs is Virgin Media's retained corporate broker. Both investment banks are believed to be working on the sale of UKTV, a 50:50 joint venture with BBC Worldwide, which Virgin values at a total of about £700m - £350m for its stake. UKTV operates channels including Dave, Gold, Good Food, Watch, Eden, Blighty and Yesterday.