Sky Europe

BSkyB set to scrap ‘British’

Pay TV operator BSkyB is set to scrap the ‘British’ from its trading name in the wake of the Sky Europe deal that saw it take control of a combined UK-Italian-German pay TV platform. UK-listed BSkyB is set to approve the move at its Annual General Meeting today, changing its name to Sky to reflect […]

Sky forced to withdraw ‘best ever’ ad

Sky in the UK has withdrawn an advert in which it claimed that its current broadband bundles were its “best ever” broadband offer after the Advertising Standards Authority (ASA) upheld a complaint from BT against the pay TV operator.  Sky withdrew the ad after it failed to substantiate the claim that offer was its “best […]

Fox execs leave Sky Deutschland board as Sky chiefs join

21st Century Fox president Chase Carey and Fox International Channels Europe and Africa president Jan Koeppen are stepping down from the board of pay TV operator Sky Deutschland following its acquisition by Sky, formerly known as BSkyB, to form a new pan-European pay TV giant. Carey and Koeppen will leave the board when their current […]

Analysts downgrade BSkyB on Sky Europe concerns

Credit analysts have downgraded BSkyB after the UK pay TV platform moved a step closer to creating a UK-Italian-German operation, Sky Europe. BSkyB recently received acceptances to take a majority stake in Sky Deutschland, leaving it with 87.5% of the German pay TV platform. With full control of Sky Italia in Italy, BSkyB will then […]

Crispin Odey makes Sky Deutschland U-turn

The finance company owned by Rupert Murdoch’s formerson-in-law, Crispin Odey, has agreed to sell almost all of its minority stake in the Sky Deutschland. Odey and Odey Assett Management had initially resisted BSkyB’s offer to buy the outstanding shares in the German pay TV platform. However, it has now confirmed that it will offload 97% […]

Murdoch talks Shine-Endemol and Sky Europe in Cannes

James Murdoch spoke publicly about the Shine-Endemol merger yesterday at MIPCOM. Speaking about the deal, which was announced last week, the 21st Century Fox COO said that the while the combined production and distribution business will benefit from enormous scale, the parent company does not want to ‘over-synergise’ . “We want to create a larger […]

German media authorities approve Sky Deutschland deal

BSkyB has gained “unconditional media concentration clearance” from some German state media authorities to buy 57.4% of Sky Deutschland, as part of its Sky Europe plans. Sky confirmed that it has got clearance from state media authorities in Bavaria, and Hamburg and Schleswig-Holstein. The news comes just a week after 96% of BSkyB’s independent shareholders […]

Sky Deutschland boards recommend rejection of BSkyB bid

The executive board of Sky Deutschland has advised minority shareholders against accepting BSkyB’s bid for overall control of the company, saying it undervalues the pay TV operator. BSkyB agreed in July to acquire 21st Century Fox’s 57% stake in the operator as part of its plan to create a new ‘Sky Europe’ comprising itself, Sky […]

BSkyB successfully prices bonds ahead of Sky Europe acquisition

UK pay TV operator BSkyB has successfully priced a £3.25 billion (€4 billion) series of bonds to help finance its acquisition of Sky Italia and a majority stake in Sky Deutschland from 21st Century Fox.  The bonds will be issued in four tranches, with a €1.5 billion bond with a 1.5% coupon due in 2021, […]

21st Century Fox president fails to shut door on BSkyB takeover

The president and chief operating officer of 21st Century Fox, Chase Carey, failed to rule out making another 100% bid for BSkyB but said that the firm’s current focus is on establishing Sky Europe. Speaking at the Royal Television Society conference in London this morning, Carey, said that 21st Century Fox’s plan “right now” is […]