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…
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The Maze Runner
The Maze Runner1Daily:$7.8M Cumulative:$32.5M Fox -42.23%
A Walk Among the Tombstones
A Walk Among the Tombstones2Daily:$2.9M Cumulative:$12.8M Universal Pictures -42.27%
This Is Where I Leave You
This Is Where I Leave You3Daily:$2.7M Cumulative:$11.6M Warner Brothers -44.36%
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.