Printer Friendly

BSkyB and KirchGruppe to Merge Pay TV.

At long last, Rupert Murdoch will be able to place his fingers into the European pay-TV market pie with the merger between BSkyB (the U.K.) and the KirchGruppe's pay-TV service (Germany). BSkyB last month announced a deal to take a 24.9 percent stake in Deutcheland's pay-TV service in return for an investment of $1 billion.

Murdoch's News Corp., which has a 40 percent stake in BSkyB, and Vivendi, the French media group with a 24.5 percent stake in the London-based satellite service provider, will take up their allocations.
COPYRIGHT 2000 TV Trade Media, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Video Age International
Article Type:Brief Article
Geographic Code:4EUUK
Date:Jan 1, 2000
Words:91
Previous Article:Brazil Sports Sales & Debt Restructuring.
Next Article:Japan Promotes Digital Receiver Standard.
Topics:


Related Articles
Rich prince from the sky finds Cinderella.
Looking into Murdoch's plans: a blueprint for world conquest.
Send in the set-top boxes.
BSkyB Digs Into Own Pockets to Push Digital.
Gathering of TV Execs at the U.N. Gives Italy & the World a Forum.
Europe's Pay TV.
Studios' Deals Refashioned.
Venice TV Fest debuts. (World).
Berlusconi's TV Empire: Italy, Spain ... Germany?
DTT takes aim at Euro pay-TV.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters