Final countdown: How the thrilling conclusion of the Sky takeover saga could pan out September 19, 2018 A near two-year takeover saga for Sky is approaching a stunning finale this weekend – and the city will be watching on in suspense as it could come to a thrilling conclusion. It's been a long and drawn out affair which started back in December 2016, when 21st century Fox first struck a $14.6bn deal to buy [...]
Investors buy up shares in Sky as takeover saga heads to sealed bids auction September 19, 2018 Major investment managers and hedge funds have been busy building up their stake in media giant Sky ahead of a crunch deadline approaching this weekend. US based Elliott Advisors said it had raised its stake to 4.3 per cent. Hedge fund Odey Asset Management has also loaded up on shares, while another US fund Baupost [...]
Sky adds Netflix to its streaming platform in bid to lure in more viewers September 19, 2018 UK media giant Sky will bundle Netflix into its subscription for the first time in November in an effort to step up user engagement with its own programming. The Ultimate on Demand package will give users access to Netflix and Sky Box Sets on its Sky Q platform, making it easier for customers to browse TV [...]
21st Century Fox extends deadline for Sky shareholders to vote on £24.5bn offer September 18, 2018 The lengthy takeover battle for Sky could drag on even longer after 21st Century Fox yesterday said it had extended the deadline for its offer to Sky shareholders. Investors will now have until 6 October to vote on Fox's £14 per share bid. It follows rival suitor Comcast also extending the deadline for acceptances on its [...]
BT and Sky square up in battle to win over Premier League football fans August 12, 2015 The new Premier League season has kicked off to the usual fanfare, but another battle is raging off the pitch, between rival broadcasters Sky and BT. Both companies have launched high profile advertising campaigns in order to win over new subscribers. Sky Sports has opted for a nostalgic look back at seasons gone by, integrating [...]
Broadcaster Sky grows audience and revenue after acquiring companies in Germany and Italy July 30, 2015 BT? What BT? Sky's customer demand hit record levels in 2015, despite the company's squabbles with its rival. The figures Sky’s group adjusted revenue increased five per cent to £11.3bn in the year to the end of June, compared to £10.8bn a year before. Profits before tax at the broadcaster increased six per cent to [...]
Sky Sports and News UK win rights to show Premier League highlights online July 22, 2015 Sky Sports and News UK have signed a joint three-year agreement with the Premier League to show highlights across its mobile and online platforms. Read more: Sky Sports subscription fees rise following record Premier League deal Starting from the 2016/17 season, Sky Sports and News UK will have exclusive rights to show in-match content and [...]
Ofcom communciations review: What next for BT, Openreach, Sky and the telecoms market? July 16, 2015 While Ofcom’s latest move is no doubt being celebrated as a win by BT’s more than vocal rivals, it’s by no means a foregone conclusion that BT is heading for a breakup. Last time Ofcom reviewed competition, BT was forced to create Openreach in order to give access to its broadband network to rivals, something Ofcom [...]
BT calls for Ofcom inquiry into Sky July 9, 2015 BT has called on industry watchdog Ofcom to expand its Digital Communications Review to tackle Sky's dominance of the pay-television sector. “Sky has benefited from a situation where there’s been very little or weak regulation,” John Petter, chief executive of BT’s consumer division, said in a speech to the Broadcasting Press Guild in London. "Sky [...]
Sky says markets watchdog must look at BT Openreach June 30, 2015 Sky wants media regulator Ofcom to launch a full investigation into the UK’s broadband market and get the competition watchdog involved. Yesterday, Sky published the evidence it has submitted to Ofcom, which highlights what Sky considers to be the low quality service offered by BT’s Openreach division, which runs the UK’s telecoms network. Sky’s broadband [...]