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.
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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.
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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).
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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.
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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.
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The British government has cleared Comcast's proposed acquisition of Sky while making the 21st Century Fox offer for the European pay-TV giant contingent on the sale of Sky News.
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