Sky


Sky impresses with strong full year results

Sky reported strong full-year results with revenue and EBITDA gains, half a million new customer additions over the period, and TV churn in the UK and Ireland at its lowest level for a decade. Announcing figures for the 12 months ended June 30, Sky reported a 5% increase in like-for-like revenue to £13.6 billion (€15.3 […]

Sky Deutschland strikes deal with DAZN for sports bars

Sky Deutschland has struck a deal with sports streaming network DAZN to provide its service in sports bars services by Sky. The Sky Sportsbars service will be able to broadcast live sports content from DAZN in Germany and Austria, supplementing Sky’s existing offer for bards and restaurants, which includes Bundesliga and UEFA Champions League football […]

Liberty Global unconcerned whether Fox or Comcast take control of Sky

Liberty Global is “not bothered” about whether 21st Century Fox or Comcast gains control of Sky in the UK, according to the international cable operator’s CEO Mike Fries. Speaking to CNBC, Fries said that Liberty both competed and partnered with Sky in the UK and said that the market was “healthy and vibrant” and competitive. […]

Comcast raises Sky bid to £26bn as UK government approves Fox takeover

Comcast has raised its cash offer for Sky to £26 billion after 21st Century Fox’s cash bump to £24.5 billion (€27.7 billion) earlier this week. The latest move in the bidding war for Sky comes as the UK government finally gave a green light to Fox’s takeover of the UK pay TV operator. The offer […]

21st Century Fox ups Sky bid to £24.5bn

Twenty-first Century Fox has increased its offer for Sky to £24.5 billion (€27.7 billion), outbidding rival Comcast which made a £22.1 billion approach for the pay TV operator earlier this year. Fox’s increased offer of £14 for each Sky share marks a 12% premium on Comcast’s £12.50 per-share offer and is roughly 30.2% higher than the initial […]

Sky bidding war in prospect as Fox set for green light

21st Century Fox is expected to receive a green light from culture secretary Matt Hancock to take control of Sky this week, triggering a potential bidding war for the UK-based pay TV operator with Comcast. Hancock’s clearing of the deal is expected to conditional on Fox selling Sky News – most likely to Disney – […]

RTL pay channels dropped by Sky

German commercial broadcaster RTL’s pay TV channels will cease to broadcast on pay TV operator Sky’s platform from July 17 after the pair failed to reach a mutually acceptable commercial agreement. The lack of a deal means that RTL pay channels RTL Crime, RTL Passion and RTL Living will be dropped from the Sky platform. […]

UK sets scene for Sky bidding war between Fox and Comcast

The UK government has approved 21st Century Fox’s proposed takeover of Sky on the condition that Sky News is divested, clearing the path for a Fox showdown with Sky’s other bidder, Comcast. In a statement to parliament yesterday, UK culture secretary Matt Hancock said that details will now be finalised over how Sky News can be divested “in […]

Italian league votes to cancel Mediapro Serie A award

Italy’s football league has agreed to annul its award of Serie A rights to Spanish broadcaster Mediapro after it said the latter had failed to provide necessary guarantees. According to Spanish financial daily El Español, Mediapro now has seven days to commit to a €1.2 billion guarantee to avoid the contract being cancelled definitively. According […]

Comcast saddles up for Fox hunt

Comcast’s statement this week that it is in “advanced stages of preparing” an all-cash offer for the 21st Century Fox assets promised to Disney presents a fresh headache for the Murdoch clan. Already facing a challenge from Comcast in the shape of its competitive bid for Sky, which in turn could complicate the Disney agreement, […]