EU to OK Murdoch’s pay TV stake

Mogul to pick up 24% of Premiere World

BERLIN — The EU is likely to approve Rupert Murdoch taking a sizable stake in the Kirch Group’s pay TV web Premiere World in the next couple of days, according to local reports.

Murdoch agreed late last year to buy a 24% stake in Germany’s pay TV giant Premiere World.

The news comes less than a year after the EU vetoed Kirch’s plans to split Premiere World with local rival Bertelsmann in a wider pay TV alliance.

The decision bodes well for the German giant and the local pay TV market, which were both dealt serious blows by the EU’s previous ban.

More Biz

  • China's iQIYI Takes Further Step to

    China's iQIYI Takes Further Step Toward IPO (Report)

    BERLIN — The EU is likely to approve Rupert Murdoch taking a sizable stake in the Kirch Group’s pay TV web Premiere World in the next couple of days, according to local reports. Murdoch agreed late last year to buy a 24% stake in Germany’s pay TV giant Premiere World. The news comes less than […]

  • Killer Content Blasts Weinstein Co. Sale

    Killer Content Blasts Weinstein Co. Sale Process and 'Optical Rebranding' Effort

    BERLIN — The EU is likely to approve Rupert Murdoch taking a sizable stake in the Kirch Group’s pay TV web Premiere World in the next couple of days, according to local reports. Murdoch agreed late last year to buy a 24% stake in Germany’s pay TV giant Premiere World. The news comes less than […]

  • Alex Pall, left, and Andrew Taggart,

    Merriweather Post Pavilion’s Roof Collapses

    BERLIN — The EU is likely to approve Rupert Murdoch taking a sizable stake in the Kirch Group’s pay TV web Premiere World in the next couple of days, according to local reports. Murdoch agreed late last year to buy a 24% stake in Germany’s pay TV giant Premiere World. The news comes less than […]

  • Oprah interview Time's Up

    'Time's Up' Members Tell Oprah Winfrey the Campaign Continues

    BERLIN — The EU is likely to approve Rupert Murdoch taking a sizable stake in the Kirch Group’s pay TV web Premiere World in the next couple of days, according to local reports. Murdoch agreed late last year to buy a 24% stake in Germany’s pay TV giant Premiere World. The news comes less than […]

  • James Cameron Wonder Woman

    James Cameron Calls Eliza Dushku 'Brave' for Revealing 'Heartbreaking' Assault

    BERLIN — The EU is likely to approve Rupert Murdoch taking a sizable stake in the Kirch Group’s pay TV web Premiere World in the next couple of days, according to local reports. Murdoch agreed late last year to buy a 24% stake in Germany’s pay TV giant Premiere World. The news comes less than […]

More From Our Brands

Access exclusive content