Sky said, however, a formal offer has not been made, nor is there any certainty that Fox will make an offer to acquire Sky.
European stocks closed higher on Friday after the ECB announced an extension of its massive bond-buying program.
CNBC's David Faber reports the latest details on Twenty-first Century Fox's bid to buy the rest of Sky.
CNBC's Jon Fortt reports that Twenty-first Century Fox has made a deal to buy the remainder of Sky that it doesn't already own.
Ann Miletti, Wells Capital Management, weighs in on the current state of the markets.
CNBC's Julia Boorstin has the big headlines from top media executives gathering in New York City at the Business Insider Ignition Conference.
The Fox News anchor has reportedly been looking at other networks since her contract is about to expire.
Several media buyers said the company is not as advanced when it comes to using data insights to target consumers beyond age and gender.
Disney is squawking over Nielsen figures that show fewer households getting its ESPN sports network. Here's one way to assuage investor fears.
Chief Executive Robert Thomson said the company has made "real progress" on its digital revenue streams.
Despite attention on the Clinton-Trump race, experts are skeptical that the public will care much about issues after Election Day.
Jim Cramer broke down the importance of credibility in the market, and why it matters buying into weakness.
Some of the names on the move ahead of the open.
The "Squawk Box" news team discusses some of the morning's most provocative headlines.
These are the major stocks moving after the bell on Wednesday, including: Facebook, AIG, Qualcomm and more.
Media will have to evolve to fit customers' demands to view content on digital, according to a new report.
Earnings are out for 21st Century Fox. CNBC's Julia Boorstin reports the details. Rob Cox, Reuters Breakingviews, weighs in.
The video platforms upcoming streaming TV service will include programming from Fox, Disney, ABC and ESPN.
Time Warner was trading at about an 18 percent discount to AT&T's offer price, an unusually wide spread for a just-announced merger.
AT&T Chairman and CEO Randall Stephenson tells CNBC the telecommunications giant's mega-deal to buy Time Warner is a "pure vertical integration."