British television production company Shed Media on Monday confirmed it was in offer talks with Warner Bros Entertainment Inc, a unit of Hollywood media group Time Warner .
The Sunday Times had reported that Time Warner planned to acquire Shed Media, the maker of shows such as Supernanny and Footballers' Wives, for about 75 million pounds.
There was no certainty of an offer or its terms, Shed Media said in a statement.
On April 7, the company posted a 24 percent rise in full-year pretax profit, helped by lower finance costs, and said 2010 had begun well.
Shed Media shares, which have gained about 12 percent in the past six months, were indicated up 6.4 percent at 83 pence at 2:33 a.m. ET. They closed at 78 pence on Friday on the London Stock Exchange.
(Reporting by Tresa Sherin Morera in Bangalore; Editing by Aradhana Aravindan)