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Standard User BatBoy
(legend) Sun 20-Jul-14 15:45:55
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Murdoch selling Sky


[link to this post]
 
BSkyB could agree a deal in the next two weeks to buy Rupert Murdoch's Sky Italia and his stake in Sky Deutschland, the Sunday Times reported.



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Standard User RobertoS
(elder) Sun 20-Jul-14 16:18:21
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Re: Murdoch selling Sky


[re: BatBoy] [link to this post]
 
?
But the UK BSkyB that he owns 39% of is buying them smile.

I'm not sure what would fit in the Subject field, but I don't think it quite describes what is happening.

Edit - "sky and the Sky trademarks are owned by British Sky Broadcasting Group plc and Sky IP International Limited" from Sky UK website.

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Edited by RobertoS (Sun 20-Jul-14 16:21:48)

Standard User BatBoy
(legend) Sun 20-Jul-14 16:25:09
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Re: Murdoch selling Sky


[re: RobertoS] [link to this post]
 
In reply to a post by RobertoS:
I don't think it quite describes what is happening
On the contrary, I think it accurately describes what is happening.


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Standard User professor973
(experienced) Sun 20-Jul-14 16:38:03
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Re: Murdoch selling Sky


[re: BatBoy] [link to this post]
 
Can't you two give it a rest?

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Standard User RobertoS
(elder) Sun 20-Jul-14 16:56:31
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Re: Murdoch selling Sky


[re: professor973] [link to this post]
 
I beg your pardon? What do you mean?

My broadband basic info/help site - www.robertos.me.uk | Domains,site and mail hosting - Tsohost.
Connection - Plusnet UnLim Fibre (FTTC). Sync ~ 56.6/14.1Mbps @ 600m. - BQM

"Where talent is a dwarf, self-esteem is a giant." - Jean-Antoine Petit-Senn.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Allergy information: This post was manufactured in an environment where nuts are present. It may include traces of understatement, litotes and humour.
Standard User professor973
(experienced) Sun 20-Jul-14 17:14:13
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Re: Murdoch selling Sky


[re: RobertoS] [link to this post]
 
All the nitpicking that the likes of Battyboy insist upon gets the back up of many. Continually back and forth with a 'I know better' over what is trivia must drive many away from TBB. Most remember BSB and the Squariel. It floundered and was absorbed by Sky. That's near enough for most. it Plus the OP is old 'news' to me, which makes history wink

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Edited by professor973 (Sun 20-Jul-14 17:16:11)

Standard User BatBoy
(legend) Wed 23-Jul-14 22:58:03
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Re: Murdoch selling Sky


[re: BatBoy] [link to this post]
 
In future Fox could decide to increase its 39 per cent stake in BSkyB, a move that hit political – but not regulatory – obstacles in 2011, or to sell out of European distribution altogether by finding a telecom buyer.

Telecoms operators have shown increased interest in TV assets. Spain’s Telefónica this month agreed to invest in the pay-TV business of Italy’s Mediaset.

Vodafone, which has large operations in the UK, Germany and Italy, would be one potential buyer of Sky Europe.

“Many view a sale of Sky to a telco as its ultimate and best end game,” said Claudio Aspesi, an analyst at Bernstein.



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Standard User RobertoS
(elder) Thu 24-Jul-14 00:58:26
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Re: Murdoch selling Sky


[re: BatBoy] [link to this post]
 
Puzzling. I shall see what else I can find "later", as the link is paywalled.

My broadband basic info/help site - www.robertos.me.uk | Domains,site and mail hosting - Tsohost.
Connection - Plusnet UnLim Fibre (FTTC). Sync ~ 56.6/14.1Mbps @ 600m. - BQM

"Where talent is a dwarf, self-esteem is a giant." - Jean-Antoine Petit-Senn.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Allergy information: This post was manufactured in an environment where nuts are present. It may include traces of understatement, litotes and humour.
Standard User BatBoy
(legend) Fri 25-Jul-14 08:34:07
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Re: Murdoch selling Sky


[re: BatBoy] [link to this post]
 
Murdoch Agrees to Sell Italy, German Pay-TV Stakes to BSkyB
Kristen Schweizer and Anousha SakouiJul 25, 2014 2:07 am ET

July 25 (Bloomberg) -- Rupert Murdoch’s 21st Century Fox Inc. agreed to sell its pay-TV businesses in Italy and Germany for 4.9 billion pounds ($8.3 billion) in cash plus assets, gaining funds to raise an $80 billion takeover bid for Time Warner Inc.

British Sky Broadcasting Group Plc, which is 39 percent owned by Fox, will acquire Fox’s wholly owned Sky Italia unit for 2.07 billion pounds in cash plus a stake in National Geographic Channel, Isleworth, England-based BSkyB said in a statement today. BSkyB will buy Fox’s 57.4 percent stake in Sky Deutschland AG for 2.9 billion pounds.

The sale will give Murdoch, 83, ammunition as he weighs how much he can increase his $85-a-share bid for Time Warner without jeopardizing New York-based Fox’s investment-grade credit rating. BSkyB gains leverage, becoming a European satellite and cable service with almost 20 million subscribers, as it negotiates for right to sports and entertainment.



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Standard User professor973
(experienced) Fri 25-Jul-14 09:04:32
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Re: Murdoch selling Sky


[re: BatBoy] [link to this post]
 
Why no mention of Murdoch's News Corporation owning 39.1% of BSkyB. So he buying/selling to himself. Just switching ownership from one company that has had its time, to one that soon will.

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Standard User BatBoy
(legend) Fri 25-Jul-14 09:14:53
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Re: Murdoch selling Sky


[re: professor973] [link to this post]
 
Did you read the quote, or just the headline?


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Standard User hbvnvgty
(newbie) Sat 26-Jul-14 08:15:23
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Re: Murdoch selling Sky *DELETED*


[re: professor973] [link to this post]
 
Post deleted by MrSaffron
Standard User hbvnvgty
(newbie) Sat 26-Jul-14 08:16:53
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Re: Murdoch selling Sky *DELETED*


[re: BatBoy] [link to this post]
 
Post deleted by MrSaffron
Standard User flippery
(committed) Sat 26-Jul-14 10:21:35
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Re: Murdoch selling Sky


[re: BatBoy] [link to this post]
 
21st Century Fox is an American multinational mass media corporation. It is one of two companies created from the 2013 split of News Corporation (as founded by Rupert Murdoch in 1979); 21st Century Fox retains the previous News Corporation's broadcasting and film assets and serves as its legal successor, while its publishing assets were spun off to form News Corp at the same time. The split was designed to ensure that both companies are operated under more "focused" management, which Murdoch claimed would "unlock" their true value.
News Corporation owned 39.1% of BSKYB which transferred to 21st Century Fox.
Standard User BatBoy
(legend) Sat 26-Jul-14 10:30:37
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Re: Murdoch selling Sky


[re: flippery] [link to this post]
 
Isn't Wikipedia great?!


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Standard User Chrysalis
(legend) Sat 26-Jul-14 12:49:54
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Re: Murdoch selling Sky


[re: flippery] [link to this post]
 
so he sold it to himself? smile

Standard User BatBoy
(legend) Sat 26-Jul-14 12:52:14
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Re: Murdoch selling Sky


[re: Chrysalis] [link to this post]
 
No, Fox sold the stakes to BSkyB.


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Standard User RobertoS
(elder) Sat 26-Jul-14 15:03:13
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Re: Murdoch selling Sky


[re: BatBoy] [link to this post]
 
In which Murdoch has well over what is normally called a "controlling stake". Which is why the reporter in your original link got in a tangle and gave me a headache smile.

I'm still not quite clear, (better things to do), what BSkyB is expected to be selling. The broadband side of Sky I think, just keeping Pay TV. But that doesn't make sense.

My broadband basic info/help site - www.robertos.me.uk | Domains,site and mail hosting - Tsohost.
Connection - Plusnet UnLim Fibre (FTTC). Sync ~ 56.6/14.1Mbps @ 600m. - BQM

"Where talent is a dwarf, self-esteem is a giant." - Jean-Antoine Petit-Senn.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Allergy information: This post was manufactured in an environment where nuts are present. It may include traces of understatement, litotes and humour.
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