{"id":4415,"date":"2013-01-14T00:00:00","date_gmt":"2013-01-14T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/2013\/01\/14\/news-corp-ups-holdings-in-sky-deutschland\/"},"modified":"2013-01-14T00:00:00","modified_gmt":"2013-01-14T00:00:00","slug":"news-corp-ups-holdings-in-sky-deutschland","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2013\/01\/14\/news-corp-ups-holdings-in-sky-deutschland\/","title":{"rendered":"News Corp. Ups Holdings in Sky Deutschland"},"content":{"rendered":"<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">UNTERF&Ouml;HRING: News Corporation has raised its holding in Sky Deutschland from 49.9 percent to 54.4 percent, following a 348 million euros ($464 million) transaction for new Sky shares. <\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">Also as part of the deal, News Corp. will guarantee certain rights payments associated with Sky Deutschland&#8217;s Bundesliga broadcasting license and support the raising of additional funds of 438 million euros to support SkyD. As a result of this transaction Sky Deutschland will become a consolidated entity of News Corporation.<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">&quot;We have always believed in Sky Deutschland&#8217;s ability to transform the pay-TV experience in Germany and Austria and this new financing structure further validates that longstanding commitment,&quot; said Chase Carey, the president and chief operating officer of News Corporation. &quot;News Corporation&#8217;s continued investment underscores the value we see in Sky Deutschland and the significant market opportunities it faces, and reflects our confidence in its management team and their strategies for growth.&quot;<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">&nbsp;<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UNTERF&Ouml;HRING: News Corporation has raised its holding in Sky Deutschland from 49.9 percent to 54.4 percent, following a 348 million euros ($464 million) transaction for new Sky shares. Also as part of the deal, News Corp. will guarantee certain rights payments associated with Sky Deutschland&#8217;s Bundesliga broadcasting license and support the raising of additional funds &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-4415","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>News Corp. Ups Holdings in Sky Deutschland<\/title>\n<meta name=\"description\" content=\"News Corp. Ups Holdings in Sky Deutschland . UNTERF\u00c3\u0096HRING, January 14: News Corporation has raised its holding in Sky Deutschland from 49.9 percent to 54.4 percent, following a 348 million euros ($464 million) transaction for new Sky shares. . 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