Tag Archives: Sky

21st Century Fox is selling its 39-percent stake in Sky to Comcast Corporation for £11.6 billion ($15.3 billion).

Comcast Corporation has outbid 21st Century Fox to take control of Sky, valuing the company at $39 billion.

Sky and Netflix have teamed up to offer a slew of combined content to subscribers via the Ultimate On Demand pack.

Sky and Channel 4 have entered into an innovative content partnership, whereby the two will share the Formula 1 2019 British Grand Prix, the Tim Roth drama Tin Star and Paul Abbott’s No Offence.

Sky is planning to increase the reach and scale of its startup investment and commercial partnership activity with the opening of a new office in Berlin as well as a $4 million commitment to the Israeli venture capital fund Remagine Ventures.

Sky has reported strong full-year results, with a 5 percent gain in revenues of £13.6 billion ($17.9 billion) and a 9 percent increase in EBIDTA of £2.4 billion ($3.2 billion).

The British government has cleared 21st Century Fox's bid to take full control of Sky as the European pay-TV giant mulls a rival bid from Comcast Corporation.

Comcast Corporation has upped its bid to acquire Sky, offering £14.75 per share, for a total value of $34 billion.

21st Century Fox has increased its offering price for the shares in Sky it does not already own, topping the rival bid by Comcast Corporation.

Sky has acquired exclusive rights to broadcast 266 live games per season for the 2018-19, 2019-20 and 2020-21 seasons of Italy’s Serie A.