Tag Archives: Rupert Murdoch

European TV & Sports rocked by Comcast £30 billion takeover of Sky

The landscape of European media and sports is set to be disrupted, as this weekend US telecoms and entertainment giant Comcast won the blind-bid to take majority control of Sky Plc. Tabling a £29.7 billion offer at £17.29 per share, Comcast won the blind auction for Sky hosted by the UK Takeover Panel, completing European Media’s biggest ever acquisition. Led …

Read More »

Sun Bets termination costs Tabcorp £40 million

The governance of Australia ASX-listed Tabcorp Holdings has confirmed that it has completed discussions with News UK to terminate its Sun Bets joint-venture. The Sun Bets enterprise will cease trading in the coming days, with Tabcorp set to make a £40 million payment to exit its UK betting joint-venture agreement which began in 2016. Updating investors, David Attenborough Group Chief …

Read More »

High Stakes… World awaits Rupert Murdoch’s move on coveted Fox

Speculation and rumour are rife in the world of media and entertainment, as Rupert Murdoch controls the destiny of warring US giants Comcast and Walt Disney Co. Last week UK Culture Secretary Matt Hancock delivered the UK government’s long-awaited verdict to allow Murdoch’s 21st Century Fox to acquire European digital broadcaster Sky Plc for £12 billion. Hancock and DCMS have …

Read More »

Comcast’s Brian Roberts eyes explosive takeover of 21st Century Fox

Brain L Roberts the Chairman and Chief Executive of US telecoms and media giant Comcast has made a power play move for 21st Century Fox assets, challenging the agreed $52 billion deal between Rupert Murdoch and Walt Disney Co. Valued at $200 billion, Comcast the US’ largest cable operator and internet services provider is set to propose an alternative ‘all …

Read More »

Power Play… Sky secures majority of Premier League 2019-2022 broadcast rights

The English Premier League has sold the majority of its TV matchday broadcast rights for the period spanning 2019-2022. Updating stakeholders, Premier League governance details that it has sold two live broadcast packages to Sky Sports and BT Sport for a total sum of £4.46 billion. The Premier League still has two packages with a combined 40 matchday broadcasts remaining …

Read More »

Power Play… Murdoch’s $60 billion Fox divestment shakes up global sports

Global media has been shaken up by the news that Rupert Murdoch is preparing to sell 21st Century Fox and Fox Entertainment’s 39% stake in Sky UK to rival Walt Disney Co for a reported $60 billion deal (£45 billion). All eyes will be placed on today’s New York Stock Exchange opening, when Disney leaders are expected to present the …

Read More »

News Corp Australia expands profile in racing with Punters.com.au acquisition

Media group News Corp Australia has confirmed that it has acquired Melbourne-based racing news and odds website Punters.com.au for an undisclosed sum. The acquisition sees the Rupert Murdoch-owned media outlet deepen its ties within the Australian horseracing publishing market, with Punters.com.au disclosing an average monthly viewership of +375,000. Founded in 2008 by CEO Luc Pettett, Punters.com.au started-off as an Australian …

Read More »