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Rupert Murdoch Scores Victory As European Commission Approves BSkyB Plan To Create A Satellite Colossus

Rupert Murdoch is a step closer to consolidating his European satellite properties, creating the continent’s largest pay TV company. The European Commission said today it will┬ánot raise antitrust objections to the $9B effort by┬áBSkyB, the UK satellite company that’s 39% controlled by Fox, to buy Murdoch-owned satellite properties in Germany (Sky Deutschland) and Italy (Sky Italia). 249 more words


At the End of the Day

Tonight I offer advice to those of a certain age and wisdom. It is this: do not put a red and blue tube of muscle heat-ointment in the same bathroom drawer as your red and blue tube of denture fixative. 1,067 more words

At The End Of The Day

BSkyB To Acquire Fox's Sky Italia & Deutschland Stakes, Create European Giant

As expected, BSkyB said this morning that it will create “a world-class multinational pay TV business” with the acquisition of 100% of Sky Italia and 57.4% of Sky Deutschland. 692 more words

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