Comcast Corporation's Sky Group Limited has reached an agreement with independent British telecommunications network provider CityFibre to have its planned internet services offered on the latter's network, The Telegraph reported on Tuesday.According to the sources, Sky is seeking to release its...
Sky Group CEO Jeremy Darroch decided to resign from his position to be succeeded by Dana Strong, the president of consumer services at Comcast Cable, the British company announced on Wednesday.
Darroch, who spent 13 years as the head of the London-based broadcaster, is set to remain...
Media company Sky Limited unveiled its plans on Tuesday to build a new 32-acre, 14-stage development near London. The European pay-TV company recently released its content unit Sky Studios and said the new studio complex will lead to creating 2,000 new jobs. The studios will be used by Sky, as...
A new so-called deed poll secures "the continued operation and long-term funding of an editorially independent Sky News, its holding Sky Ltd. said on Wednesday. The company, which was acquired by Comcast Corp. from the United States, added the legally binding document was made according to...
American telecommunications giant Comcast completed on Tuesday its purchase of Sky shares from 21st Century Fox, media reported. The company acquired Fox's 39% stake of the British firm Sky for £11.6 billion.
Last week, Comcast stated in its regulatory filing that it reached a deal with Rupert...
Comcast Corp. said in a regulatory filing on Thursday that it reached a deal with 21st Century Fox to buy its 39% stake in Sky plc in a deal worth £11.6 billion.
According to the agreement, the American broadcasting giant will pay Fox £17.28 per share for 672.8 million Sky shares. The acquisition of...
After Sky Plc accepted Comcast Corp.'s higher offer for a takeover, Twenty-First Century Fox Inc. said on Wednesday that it accepts the outcome. The company run by the family of Rupert Murdoch revealed it intends, with the consent of Walt Disney Co., to sell its 39% stake to the owner of...
The British media and telecommunications company Sky announced on Monday it accepted a $39 billion takeover offer presented over the weekend by the American conglomerate Comcast. The company stated that its Independent Committee unanimously recommended that all Sky shareholders...
In the blind auction for Sky Plc, Comcast Corp. placed a higher offer than Twenty-First Century Fox Inc. The winner in the process came on top on Saturday with £17.28 per share, valuing the broadcaster at nearly £30.5 billion ($39.9 billion), against the rival's £15.67 per share. The level compares...
Sky Plc agreed to an auction for the purchase of its equity, and so did prospective investors Twenty-First Century Fox Inc., Walt Disney Co. acting in concert with Rupert Murdoch's empire, and Comcast Corp. The announcement was published on Thursday by Britain's Panel on Takeovers and...
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