Menu
25/07/2014
BSkyB Plans To Create European Pay-Television Giant
The owner of Sky News plans to create a European pay-television giant that will more than treble the company's potential customer base.
Announcing its full-year results on Friday, BSkyB confirmed that it had reached a deal with 21st Century Fox (21CF) to acquire its 100% interest in Sky Italia and 57.4% stake in Sky Deutschland in deals worth a combined £5.3bn.
The transactions will propel BSkyB into market-leading positions in five countries, including three of the four largest pay-TV markets in Europe, and provide a platform to sell a diverse range of entertainment products in some of the Continent's wealthiest economies. They will also give the company access to markets in Germany and Italy, where seven out of ten homes have yet to sign up to pay-TV services.
(CD/JP)
Announcing its full-year results on Friday, BSkyB confirmed that it had reached a deal with 21st Century Fox (21CF) to acquire its 100% interest in Sky Italia and 57.4% stake in Sky Deutschland in deals worth a combined £5.3bn.
The transactions will propel BSkyB into market-leading positions in five countries, including three of the four largest pay-TV markets in Europe, and provide a platform to sell a diverse range of entertainment products in some of the Continent's wealthiest economies. They will also give the company access to markets in Germany and Italy, where seven out of ten homes have yet to sign up to pay-TV services.
(CD/JP)
Related UK National News Stories
Click here for the latest headlines.
02 February 2011
Sky Sweeps In From Atlantic
This week's launch of Sky Atlantic means a new strategy for Sky as it looks to diversify its customer base and a change in direction for the broadcaster. Said to be the 'home of HBO', Sky has reached a five-year, £150m deal with the US network, guaranteeing both the back catalogue and access to new series.
Sky Sweeps In From Atlantic
This week's launch of Sky Atlantic means a new strategy for Sky as it looks to diversify its customer base and a change in direction for the broadcaster. Said to be the 'home of HBO', Sky has reached a five-year, £150m deal with the US network, guaranteeing both the back catalogue and access to new series.
28 September 2009
ITV Boss's Pay Deal Refused
After a £30m salary demand by former Sky boss, Tony Ball, stymied negotiations for him to join ITV as its new chief executive, the broadcaster's board is looking elsewhere.
ITV Boss's Pay Deal Refused
After a £30m salary demand by former Sky boss, Tony Ball, stymied negotiations for him to join ITV as its new chief executive, the broadcaster's board is looking elsewhere.
15 December 2008
Bangladesh Court Orders Parents To Release Daughter
An NHS doctor who was allegedly held captive by her family in Bangladesh is due to arrive home in the UK later. The parents of Dr Humayra Abedin, a 33-year-old trainee GP, were ordered to give her back her passport, after intervention by the courts and the British Foreign Office.
Bangladesh Court Orders Parents To Release Daughter
An NHS doctor who was allegedly held captive by her family in Bangladesh is due to arrive home in the UK later. The parents of Dr Humayra Abedin, a 33-year-old trainee GP, were ordered to give her back her passport, after intervention by the courts and the British Foreign Office.
21 February 2006
Brady sends letter to victim's mother
The mother of Moors murder victim Keith Bennett has given an interview telling of her shock at receiving a letter from his killer, Ian Brady. Winnie Bennett, 72, told Sky News that the letter was a shock. She said: "He knows a lot more than what he is saying.
Brady sends letter to victim's mother
The mother of Moors murder victim Keith Bennett has given an interview telling of her shock at receiving a letter from his killer, Ian Brady. Winnie Bennett, 72, told Sky News that the letter was a shock. She said: "He knows a lot more than what he is saying.
06 January 2004
Pilots set sights on sky marshal agreement
The row over 'sky marshals' on British passenger flights intensified today as UK pilots' representatives met with Transport Secretary Alistair Darling to voice their concerns. The British Airline Pilots Association (Balpa) claim that the use of covert armed air marshals is a threat to passenger safety.
Pilots set sights on sky marshal agreement
The row over 'sky marshals' on British passenger flights intensified today as UK pilots' representatives met with Transport Secretary Alistair Darling to voice their concerns. The British Airline Pilots Association (Balpa) claim that the use of covert armed air marshals is a threat to passenger safety.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
