Comcast has gatecrashed Rupert Murdoch’s takeover of Sky with a rival £22bn offer, sparking a bidding war for Britain’s biggest pay-TV broadcaster. The media and telecoms company, which owns NBC Universal and is the largest cable operator in the US, has made an all-cash offer of £12.50 a share, a 16% premium on the offer from Murdoch’s 21st Century Fox, which values Sky at about £19bn.
James Murdoch has said that 21st Century Fox is not happy being a partial shareholder in pan-European pay-TV broadcaster Sky
Rupert Murdoch’s 21st Century Fox and Apollo Global Management have finalised the deal to combine three TV production groups behind hit shows including Big Brother, American Idol and MasterChef under one group. The companies said they would set up a joint venture to hold Apollo-controlled Endemol and Core Media and Fox’s Shine Group. Fox and […]
First, 21st Century Fox was in danger of squashing its own share price if it had tried to improve its plainly inadequate $80bn (£47bn) bid
First, 21st Century Fox was in danger of squashing its own share price if it had tried to improve its plainly inadequate $80bn (£47bn) bid
21st Century Fox announces plans to launch $6bn share buyback after walking away from massive media deal
Rupert Murdoch is bidding to create by far the world’s largest film and television company with an attempted takeover over of Time Warner
Rupert Murdoch is bidding to create by far the world’s largest film and television company with an attempted takeover over of Time Warner
Two youth-oriented media brands, Vice Media and BuzzFeed, are fast becoming challengers to the traditional news industry
Two youth-oriented media brands, Vice Media and BuzzFeed, are fast becoming challengers to the traditional news industry
Vice Media, the multi-platform purveyor of music, fashion and quixotic journalism from international trouble spots, has sold a 5% stake to Rupert Murdoch’s 21st Century Fox. Fox confirmed the $70m (£45m) deal, which marks the latest stage in the evolution of Vice from an off-beat Canadian magazine into a global brand frequently dubbed the hipsters’ […]
