News Corp.'s planned £8 billion ($12.4 billion) takeover of U.K. paybox BSkyB is likely to be subjected to a six-month long inquiry by Blighty's Competition Commission.
Uk Competition Commission
Online video service Hulu plans to bow in the U.K. in September and is close to reaching content deals with local broadcasters.
It hasn't been a good week for Rupert Murdoch's satcaster BSkyB. Media watchdog Ofcom warned BSkyB it could be forced to make premium content, including Hollywood movies and live soccer, available to…
Domestic Film DAILY
PROVIDED BY: Box Office
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles1Daily:$7.6M Cumulative:$79.8M Paramount Pictures 13.49%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$6.6M Cumulative:$188.5M Disney 23.68%
Into the Storm
Into the Storm3Daily:$2.1M Cumulative:$21.1M Warner Brothers / New Line 21.06%
BSkyB, Europe's biggest paybox, is facing a potential loss of $500 million after the U.K. government ruled it must reduce its stake in ITV from 17.9% to below 7.5%.
The pressure on paybox BSkyB to sell its stake in terrestrial web ITV is increasing.
BSkyB, Europe's biggest paybox, could be forced to give up its stake in free-to-air U.K. broadcaster ITV, following a provisional ruling by regulator the Competition Commission.
Europe's leading paybox BSkyB is to undergo a regulatory inquiry that could result in an enforced sale of its stake in terrestrial web ITV.
In a replay of angry protests outside Vivendi Universal's headquarters when Canal Plus Group topper Pierre Lescure was sacked last year, staff from the pay TV arm went on the warpath again last week.
Granada Group is planning to spin off Granada Media into a separate unit, creating a pure media company arguably better placed to be the key player in the consolidation of the ITV network.