21st Century Fox, the company controlled by Rupert Murdoch, has reached a deal to take over broadcaster Sky, and will pay £11.7 billion for the 61 per cent stake in Sky it does not already own.
“The enhanced capabilities of the combined company will be underpinned by a more geographically diverse and stable revenue base. It will also create an improved balance between subscription, affiliate fee, advertising and content revenues.”
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team