US cable and telecoms giant Comcast’s £30bn “win” of Sky against competition from Rupert Murdoch’s Fox is unlikely to have many major short term effects although Comcast has just acquired the most expensive customers in history (Sky has 23 million ...
Read More »Is Sky really worth bidding frenzy of £30bn?
Britain’s Sky makes about £1bn a year profit fom its 23 million subscribers in the UK and Europe, bidder Comcast (currently in the lead with a £26bn offer to buy it) makes over $20bn from a similar number of subscribers ...
Read More »US TV giant Comcast gazumps Murdoch bid for Sky
Happy bunnies in London this morning are most Sky shareholders, who’ve seen US cable giant and NBC owner Comcast bid about £22bn for the company. Not so pleased is Rupert Murdoch (below), whose Fox already owns 39 per cent of ...
Read More »Desmond seals deal to sell Express to Trinity Mirror
Traditional media may have been a vale of tears for most of its proponents over the past 15 years or so, but not for Richard Desmond. Now the former owner of Channel 5 (below) – sold to Viacom for £463m ...
Read More »Long-serving Engine boss Klein quits for client Sky
The brain drain from agencies continues with Engine’s EMEA boss Debbie Klein (below) leaving after 19 years to join longstanding client Sky as the newly-created group chief marketing and corporate affairs officer. Sky is currently reviewing its £200m plus media ...
Read More »Regulator stymies Murdoch bid for Sky but Disney may ride to the rescue
What has Rupert Murdoch done to upset the British establishment? After decades of getting his own way over just about everything – even surviving the phone hacking scandal at the now defunct News of the World – the US-based tycoon ...
Read More »What’s next for Murdoch as he offloads entertainment businesses to Disney?
We can tell you that Disney is buying a big chunk of Rupert Murdoch’s Fox empire (studios, back catalogue and 39 per cent stake in Sky chiefly) for $60bn – that’s if US regulators allow, of course – but haven’t ...
Read More »Murdoch closes on Sky but he may have missed the best
What Rupert wants Rupert usually gets and his latest bid for the 61 per cent of Sky his Fox company doesn’t already own will almost certainly succeed. Although the bid, at 10.75p, a 40 per cent premium to the recent, ...
Read More »Why Rupert Murdoch needs Rebekah Brooks back
The mooted return of Rebekah Brooks to head Rupert Murdoch’s British print empire – which now includes The Times, the Sunday Times, the Sun, various book publishing interests and the Sun on Sunday (successor to Brooks’ former fiefdom the News ...
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