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NEWS CORPORATION AND CANAL+ FORM PARTNERSHIP FOR TELEVISION SERVICES

NEWS CORPORATION AND CANAL+ FORM PARTNERSHIP FOR TELEVISION SERVICES
 LONDON, Oct. 8 /PRNewswire/ -- Rupert Murdoch, chairman and chief executive of News Corporation (ADS - NYSE: NWS), and Andre Rousselet, chairman of Canal+, today announced that News Corporation and Canal+ have decided to form a partnership to develop new television services in Europe, taking advantage of future technologies in satellite transmission, digital compression and encryption.
 A working group involving senior executives of the two companies has been set up to work out an extensive agreement on programming, technology and strategy.
 It is the common intention of News Corporation and Canal+ to start these operations as soon as these technologies are available. In each European country, they will associate with a major national partner to distribute these services.
 The News Corporation Limited is a diversified communications company principally engaged in the production and distribution of motion pictures and television programming, television broadcasting, publishing of newspapers, magazines and books, publication of promotional free- standing inserts and commercial printing. Its principal subsidiaries are in Australia, Europe and the United States.
 In the audio-visual sector, in the United States, NewsCorp owns the Twentieth Century Fox Film Corporation as well as a national television distribution service and seven Fox Television stations in major metropolitan areas. In the United Kingdom, NewsCorp owns 50 percent of BSKYB, the six-channel satellite television company.
 Canal+ is the leader in the pay-television industry in Europe, with operations in France, in Germany (Premiere), Spain (Sociedad de Television Canal+), Belgium (Canal+TVCF) and Western Africa (Canal Horizons). These channels have signed up over 4.5 million subscribers.
 Canal+ has expanded its activities into the production of feature films (Studio Canal+) and television programs (Ellipse Programme), and into manufacturing of pay-television decoders and encryption/access control systems. Canal+ is also actively pursuing the development of thematic channels distributed by cable and satellite in France and elsewhere in Europe.
 -0- 10/8/92
 /CONTACT: Jane Reed (U.K.), 017-782-6018, or Carolyn Wall, 212-852-7095, both of News Corporation; or Sylvie Ruggiere (Paris), 44-25-14-81, or Caroline Ryan, 44-25-16-23, both of Canal+/
 (NWS) CO: News Corporation; Canal+ ST: IN: ENT SU: JVN


SM-CK -- NY058 -- 7867 10/08/92 12:46 EDT
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Publication:PR Newswire
Date:Oct 8, 1992
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