NEW YORK — First “Sesame Street,” then “Barney” and now “Teletubbies”: The PBS programs for the youngest TV viewers are getting new looks in the face of intense competition for children’s attention.

The Teletubbies, the toddler-sized creatures with antennas on their heads, are following Barney and Peter Rabbit down the path to new ownership as the British Broadcasting Corp.’s commercial arm ...

When one hears Teletubbies and "the greatest horror show of all time" in the same sentence, one is likely to believe — and not entirely incorrectly — that the entire series absolutely fits that bill.