×

Fox’s $14.9 billion Sky Deal Cleared in Ireland, U.K. Announcement Imminent

With a decision from U.K. authorities on 21st Century Fox’s proposed £11.7 billion ($14.9 billion) takeover of Sky imminent, Ireland has given the deal a green light.

Fox wants to fully acquire Sky, buying the shares in the European pay TV operator that it does not already own. It needed approval for the deal in all of the territories in which it operates, and has now had that in Austria, Germany, Italy, and the Republic of Ireland. Only the U.K., Sky’s largest market, is still to make a decision. The European Union has also given the deal its blessing.

The U.K. government received a report from media regulator Ofcom last week and a full decision is expected this week. Culture Minister Karen Bradley can either say she is minded to approve the deal in its current form, attach conditions, or refer it to U.K. competition authorities. The U.K. Department for Culture, Media and Sport has said Bradley will make a decision by June 29.

21st Century Fox welcomes the decision by the Republic of Ireland’s Minister for Communications, Climate Action and Environment to clear the company’s acquisition of the outstanding shares of Sky that the company does not already own, ruling that the proposed transaction will not result in insufficient plurality for any audience in the Republic of Ireland,” Fox said in relation to the Irish decision.

Popular on Variety

More TV

  • The Daily Show Trevor Noah BTS

    Emmys: Celebrating the Unsung Heroes of Late Night

    They’re the names that fly by when the credits roll. But every member of the production staff on a late-night talk show is a foot soldier waging a daily battle against time and limited resources to make the show come alive. Whether the series is a freight train that runs Monday through Friday or a [...]

  • Born This Way AE Network

    A&E Sets Holiday Finale Special for 'Born This Way'

    A&E Network has set a holiday finale special for “Born This Way,” the Emmy-winning reality series that chronicles the transition to adulthood for eight young men and women with Down syndrome. A&E plans to air the hourlong finale in December for the docu-reality series that ran four seasons, starting in 2015. Before the special debuts, [...]

  • Melanie Hamilton - Comcast Spotlight

    Comcast Spotlight Hires Google Exec Melanie Hamilton as VP National Sales

    Comcast Spotlight, the ad-sales division of Comcast Cable, named Melanie Hamilton as VP, national sales. An 11-year veteran of Google, Hamilton was most recently the internet giant’s head of industry for the telecom sector and led its AT&T account. At Comcast Spotlight, Hamilton will oversee the company’s national sales strategy across both holding companies and [...]

  • HBO-Chernobyl

    Sky Outlines Plans for 'Cinematic' Original Content to Rival HBO, Showtime

    Comcast-backed Sky has outlined plans for expanded and “cinematic” original content to rival U.S. networks HBO and Showtime. Speaking at the Edinburgh TV Festival on Thursday, Sky managing director of content Zai Bennett explained some of the ways the pay-TV giant plans to invest in original content after its programming budget was recently doubled by [...]

  • TV Ratings: ‘BH90210’ Drops Again, 'Big

    TV Ratings: ‘BH90210’ Drops Again, 'Big Brother' Tops Wednesday

    Fox’s “BH90210” revival continued to slide in the Wednesday night ratings. After posting an impressive 1.5 debut rating in the 18-49 demographic, the show slid 40% to a 0.95 in week two, and now an extra 15% to a 0.8 in week three. The show’s total viewership has also declined slightly from last week’s 2.5 [...]

  • Hyde Park Entertainment chief Ashok Amritraj

    Ashok Amritraj's Hyde Park Launches Large-Scale Production Venture in India

    Top-level talent including Paul Feig, Gurinder Chadha and Anurag Kashyap are on board as leading Hollywood independent Hyde Park Entertainment makes a major launch into the Indian production scene. The company is headed by Ashok Amritraj, the highest-profile Indian executive based in Los Angeles. The diversification move is made possible by the growing success of [...]

  • Sean Spicer Dancing With the Stars

    Sean Spicer Hopes 'Dancing With the Stars' Gig Will 'Move the Country Forward'

    In the face of a swift backlash, former White House press secretary Sean Spicer said he hoped his role as a contestant on ABC’s “Dancing With the Stars” can help “move the country forward in a positive way.” Spicer told CNN on Thursday that his “DWTS” posting was about entertainment, not politics. ABC revealed Spicer [...]

More From Our Brands

Access exclusive content