Sky and Virgin Media confirm targeted TV advertising partnership to rival Google and Facebook
Sky and Virgin Media have put their past differences aside to work together on targeted TV advertising
Company
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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Sky and Virgin Media have put their past differences aside to work together on targeted TV advertising
Banks, retailers, media and housebuilders are the biggest fallers on the FTSE 100 on the shock news of a hung parliament
Prime Minister Theresa May has accused tech giants of providing a "safe space" for terrorist activity
Amazon Channels is set to launch in the UK following its success in the US
Despite events, the FTSE 100 remained relatively strong throughout the day but ended lower
Twenty-first Century Fox executives said its deal to take full ownership of Sky should close this year
Adam Crozier is quitting while he is ahead, leaving ITV without a chief executive and possibly vulnerable to a bid
The impact of regulatory intervention may be over-egged, says Jefferies.
Sky has already had to dig an extra £494mln out of its pockets to cover the higher costs of screening Premier League football this season
Sky has forked out an extra £494mln so far this year as part of the record deal it struck to screen live Premier League games
The index of blue-chip shares fell six points to 7,108.53.
The UK prime minister has announced a snap general election for 8 June
Spread betting firm London Capital Group expects the FTSE 100 index to open around 10 points lower at 7,317, having shed 21.4 points last Thursday
UK regulators will investigate whether Rupert Murdoch would be a "fit and proper" owner of Sky following the phone-hacking scandal
Investments and investor services
FTSE 100 stocks ended solidly higher on Thursday after chalking a fresh record high as investors reacted to a tempered rate hike outlook in the US and relief at the defeat of the anti-immigration Freedom party in the Dutch election
The multi-currency payments specialist had previously sponsored the channel back in 2015
The FTSE 100-listed firm will pay around £394m each year for the rights which will run until the end of the 2020/21 season.
The FTSE 100 was down 32 points to 7,342 shortly after 3.15pm on Monday
A decision to intervene would not block the deal, but trigger an Ofcom assessment as well as a Competition and Markets Authority report to be considered by the Culture Secretary.
FTSE 100 shares closed lower on Friday, cautious ahead of comments from the US central bank chief, and beaten down by advertising behemoth WPP after it signalled a cautious outlook for 2017 which even spin could not conceal