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Thursday, Jul. 12, 2018
The battle for European pay TV service Sky escalated Wednesday as U.S. rivals Comcast and 21st Century Fox took turns upping the ante in their quest to expand their media empires.
The stakes now stand at 26 billion pounds ($34 billion) — the value of Comcast's latest offer. That bid came...
Wednesday, Jul. 11, 2018
Media mogul Rupert Murdoch's 21st Century Fox increased Wednesday its bid to take full control of lucrative European pay TV service Sky in a prolonged battle with U.S. rival Comcast.
Fox raised its bid to 14 pounds ($18.58) a share as it seeks the 61 percent of Sky not already under its...
Wednesday, Apr. 25, 2018
U.S. media giant Comcast on Wednesday offered 22 billion pounds ($30.7 billion) for Sky PLC, topping a bid from Rupert Murdoch's 21st Century Fox and setting up a bidding war for Britain's biggest satellite television company.
Comcast said it would pay 12.75 pounds for each Sky share, 16...
Tuesday, Sep. 12, 2017
The British government will refer Twenty-First Century Fox Inc.'s bid for satellite broadcaster Sky to the country's competition regulator for further examination, in a blow to Rupert Murdoch's takeover plans.
Culture Secretary Karen Bradley told lawmakers Tuesday that she intended to...
Thursday, Jun. 29, 2017
Britain's government stalled Twenty-First Century Fox's takeover bid of the Sky pay television and broadband network Thursday after media regulators expressed concern about the influence of Rupert Murdoch and his family.
Culture Secretary Karen Bradley told the House of Commons that the...
Thursday, Jul. 21, 2016
Roger Ailes is out as chief executive at Fox News Channel, his career at the network he built from scratch and ran with an iron hand for nearly 20 years over with stunning swiftness following allegations that he forced out a former anchor after she spurned his sexual advances.
Thursday, Jun. 11, 2015
Rupert Murdoch is preparing to hand over the CEO job at Twenty-First Century Fox Inc. to his son, James, while his other son, Lachlan, will become executive co-chairman, according to a person with direct knowledge with the matter.
Murdoch, 84, one of...
Friday, Jul. 25, 2014
TV network BSkyB, based in London, has agreed to take control of its sister companies in Italy and Germany, creating a multinational European broadcaster. The deal could have a wider impact on the media industry, giving Rupert Murdoch's 21st Century Fox a cash...