VH1's Mob Wives Sale "In Progress"

VH!'s reality show is in the block EXPANDED Mob Wive s will have a new owner -- and it's ITV, the same broadcaster that aired the recent Mafia with Trevor McDonald two-part series, one of the most watched non-scripted shows in Britain. It featured John Alite , the topic of George Anastasia's Gotti's Rules: The Story of John Alite, Junior Gotti, and the Demise of the American Mafia , among other former mobsters. What a sale means for Mob Wives and its viewers is open to debate, as The Weinstein Company will continue to manage its television division though it is "in the process of selling [it] to ITV, the British broadcaster that has been on a buying spree of late," as The Hollywood Reporter revealed today. The deal's value could be worth $950 million. It involves an up-front payment of around $400 million with "an escalating package of compensation and bonuses that would nearly triple the initial purchase price," sources told THR.