Sky shares fall as Murdoch’s takeover bid delayed once again
The government has asked Ofcom to take another look at whether Murdoch and Fox would adhere to UK broadcasting standards
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LON:SKY
Sky plays an important role in the British TV and radio landscape. It brings us entertainment, information and sport through mass programme distribution, and also provides telecoms and Internet services.
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The government has asked Ofcom to take another look at whether Murdoch and Fox would adhere to UK broadcasting standards
The sport-based subscription service would go live next year, while the film and TV content offering would launch in 2019, when the current distribution agreement with Netflix will end
Sky has been backing away from tennis and instead investing its energy in securing the rights to Premier League
The closely followed UK telecoms giant was the top loser on Footsie today, as its shares sank over 3%
Having shelled out £692mln to televise a bunch of pumped up prima donnas playing in not even the best domestic league in the world, it was inevitable this would bite into earnings
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It's been a busy day here in London; 15% of FTSE 100-listed companies have had some sort of meaningful news out...
Telecoms regulator Ofcom said it is disappointed with a judge-led panel's ruling that it made errors in drawing up regulation designed to protect competition and improve broadband speeds
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Lloyds Banking Group and Royal Dutch Shell are among a slew of companies reporting earnings on Thursday
21st Century Fox has argued that its plans to buy Sky would represent a significant investment into the UK
TalkTalk has left its full year earnings guidance unchanged and expects revenue growth despite a weak first quarter
TalkTalk is shaking up its senior management team after its chief executive stepped down, warning full year earnings would decline
ITV, Burberry and GlaxoSmithKline could face potential bids from international rivals as a weaker pound stokes interest in a number of UK-based firms
English cricket will also return to the BBC for the first time since 1999
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Rolls-Royce gives huge boost to Midlands, Amazon, Ocado, Sky
Culture secretary Karen Bradley said she had been reassured that the merger didn’t pose an issue in terms of broadcasting standards, however
Culture secretary Karen Bradley will decide whether or not to approve the deal or pass it on to competition regulators for a more in-depth investigation
A decision will be announced to parliament by Thursday next week
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Ofcom has been investigating effect full Fox control could have on Sky and the British media generally
A look at the biggest risers and fallers in London today
Investments and investor services
The FTSE 100 closed 60 points up at 7,523 as the government begins Brexit negotiations.