You will be redirected back to your article in seconds

Matsushita eyes Euro TV

TOKYO — Matsushita Electric Industry Co. is seeking greater participation in the European direct satellite broadcast business and has been in talks with a variety of platform providers, a spokeswoman said today.Matsushita has had discussions with Rupert Murdoch’s British Sky Broadcasting. Matsushita’s rival Sony is expected to become an equal equity partner in the Japanese satellite broadcaster JSkyB along with Murdoch’s News Corp. and Japanese software house Softbank.

Matsushita already has a 10% stake in DirecTV Japan. The Hughes Electronics Corp. service is scheduled to debut toward the end of 1997 with a 100-channel platform. JSkyB is expected to begin full-scale operation in the spring of 1998.

The spokeswoman said the talks have not gone as far as placing Matsushita in a deal where it would acquire an equity stake in a satellite broadcaster, but Matsushita is interested in expanding its presence in the European market. The media and electronics giant certainly would want to gain a European foothold for its TV hardware.

More Scene

  • Variety Hitmakers Brunch

    Kendrick Lamar, DJ Khaled, Hailee Steinfeld Honored at Inaugural Variety Hitmakers Event

    TOKYO — Matsushita Electric Industry Co. is seeking greater participation in the European direct satellite broadcast business and has been in talks with a variety of platform providers, a spokeswoman said today.Matsushita has had discussions with Rupert Murdoch’s British Sky Broadcasting. Matsushita’s rival Sony is expected to become an equal equity partner in the Japanese […]

  • The 'Runaways' Praise Series' Diversity at

    'Marvel's Runaways' Stars Praise Series' Diversity at Hulu Premiere

    TOKYO — Matsushita Electric Industry Co. is seeking greater participation in the European direct satellite broadcast business and has been in talks with a variety of platform providers, a spokeswoman said today.Matsushita has had discussions with Rupert Murdoch’s British Sky Broadcasting. Matsushita’s rival Sony is expected to become an equal equity partner in the Japanese […]

  • 'Molly's Game' film premiere, Arrivals, AFI

    Jessica Chastain Praises Bravery of Sexual Assault Victims at 'Molly's Game' Premiere, AFI Fest Tribute to Aaron Sorkin

    TOKYO — Matsushita Electric Industry Co. is seeking greater participation in the European direct satellite broadcast business and has been in talks with a variety of platform providers, a spokeswoman said today.Matsushita has had discussions with Rupert Murdoch’s British Sky Broadcasting. Matsushita’s rival Sony is expected to become an equal equity partner in the Japanese […]

  • 'The Shape of Water' film premiere

    Guillermo del Toro Calls 'The Shape of Water' a New Type of 'Beauty and the Beast'

    TOKYO — Matsushita Electric Industry Co. is seeking greater participation in the European direct satellite broadcast business and has been in talks with a variety of platform providers, a spokeswoman said today.Matsushita has had discussions with Rupert Murdoch’s British Sky Broadcasting. Matsushita’s rival Sony is expected to become an equal equity partner in the Japanese […]

  • HFPA and InStyle celebrate Golden Globe

    HFPA President Meher Tatna, Simone Garcia Johnson Celebrate New 'Inclusive' Golden Globe Ambassador Title

    TOKYO — Matsushita Electric Industry Co. is seeking greater participation in the European direct satellite broadcast business and has been in talks with a variety of platform providers, a spokeswoman said today.Matsushita has had discussions with Rupert Murdoch’s British Sky Broadcasting. Matsushita’s rival Sony is expected to become an equal equity partner in the Japanese […]

  • Girls Inc. hosts the 2017 LA

    Warner Bros. TV Exec Calls for End to Sexual Harassment: 'Enough Is Enough'

    TOKYO — Matsushita Electric Industry Co. is seeking greater participation in the European direct satellite broadcast business and has been in talks with a variety of platform providers, a spokeswoman said today.Matsushita has had discussions with Rupert Murdoch’s British Sky Broadcasting. Matsushita’s rival Sony is expected to become an equal equity partner in the Japanese […]

  • Wonder premiere

    'Wonder' Premiere Celebrates Book's Six-Year Journey to Big Screen, 'Once-in-a-Lifetime Actor' Jacob Tremblay

    TOKYO — Matsushita Electric Industry Co. is seeking greater participation in the European direct satellite broadcast business and has been in talks with a variety of platform providers, a spokeswoman said today.Matsushita has had discussions with Rupert Murdoch’s British Sky Broadcasting. Matsushita’s rival Sony is expected to become an equal equity partner in the Japanese […]

More From Our Brands

Access exclusive content