Media Rupert Murdoch

  • LONDON, Dec 11- A major shareholder in British pay-TV company Sky will vote against Twenty-First Century Fox's $14 billion takeover bid, the investor told Reuters on Sunday, while another said it is unhappy about the offer. The deal would give Fox control of a pay-TV network spanning 22 million households in Britain, Ireland, Austria, Germany and Italy.

  • LONDON, Dec 11- A major shareholder in British pay-TV Sky told Reuters on Sunday that it would vote against a takeover bid from Rupert Murdoch's Twenty-First Century Fox as the offer was too low. On Friday, Rupert Murdoch's Fox made an offer of 10.75 pounds a share in cash, backed by Sky's independent directors, in its second attempt to buy the 61- percent of the firm...

  • LONDON, Dec 11- Some shareholders are unhappy about the terms of a preliminary deal struck by Rupert Murdoch's Twenty-First Century Fox to take over British pay-TV Sky, the Sunday Telegraph newspaper reported. But some shareholders are disappointed that the independent directors have not pushed to better the $14 billion bid which would give Fox control of a...

  • Owning Sky would give Fox, whose cable networks include Fox News and FX, subscription revenue from a pay-TV network spanning 22 million households in Europe, a market which has not been as affected as the United States by cord-cutters who drop cable subscriptions in favor of online subscription services. What Fox does with the technology and expertise that Sky...

  • NEW YORK/ LONDON, Dec 9- Rupert Murdoch's Twenty-First Century Fox Inc has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid. People familiar with the matter said Fox had pounced after Britain's vote to leave the European Union in...

  • NEW YORK/ LONDON, Dec 9- Rupert Murdoch's Twenty-First Century Fox Inc has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid. People familiar with the matter said Fox had pounced after Britain's vote to leave the European Union in...

  • NEW YORK/ LONDON, Dec 9- Rupert Murdoch's Twenty-First Century Fox has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid. People familiar with the matter said Fox had pounced after Britain's vote to leave the European Union in June...

  • NEW YORK/ LONDON, Dec 9- Rupert Murdoch's Twenty-First Century Fox Inc has proposed buying the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal scuppered a previous bid. People familiar with the matter said the Murdochs had pounced after Britain's vote to leave the European Union in June...

  • LONDON, Dec 9- Britain's top stock index recorded its biggest weekly rise in five months, with a late boost on Friday when Sky shares surged by more than 25 percent on a takeover approach from Twenty-First Century Fox. Sky shares recorded their biggest ever one-day percentage gain after the European pay-TV group said it had been approached by Rupert Murdoch's...

  • Dec 9- Rupert Murdoch's Twenty-First Century Fox Inc has made a $14.1 billion bid for the remaining shares of European pay-TV group Sky Plc that the U.S. company does not already own, the British broadcaster said on Friday. By owning all of Sky, Fox, whose cable networks include Fox News and FX, the New York- based media company would have control of a distribution...

  • Sky said Friday that Murdoch's entertainment conglomerate 21st Century Fox has reached a preliminary deal to buy the rest of Sky for 10.75 pounds per share, the equivalent of about 11.2 billion pounds. Stock of 21st Century Fox fell more than 3 percent in afternoon trading in New York. Taking control of Sky would give 21st Century Fox, which owns cable networks...

  • Dec 9- European pay-TV group Sky Plc said on Friday it had received a takeover approach from Rupert Murdoch's Twenty-First Century Fox Inc, the company's largest shareholder. Sky's shares were up 26 percent at 10 pounds in late trading in London, while Fox's shares were up 4.3 percent. Fox Chief Executive James Murdoch was named chairman of Sky this year, fueling...

  • Dec 9- European pay-TV group Sky Plc said on Friday it had been approached by Rupert Murdoch's Twenty-First Century Fox Inc to buy the company. Fox's offer of 10.75 pounds per share in cash, is a 36.2 percent premium to Sky's Thursday close, and values Sky at about 18.48 billion pounds. Fox already owns 39.1 percent of Sky, according to Thomson Reuters data.

  • The push, led by an advocacy group backed by New York billionaire Michael Bloomberg and media mogul Rupert Murdoch, is still in its infancy as the business world struggles to understand the tough-talking Trump's true intentions on an issue that defined his outsider campaign. Robbins' organization has in recent days unveiled coalitions of business leaders...

  • Murdoch on the future of media

    CNBC's Julia Boorstin has the big headlines from top media executives gathering in New York City at the Business Insider Ignition Conference.

  • A successful London investment manager, Miller was assigned by a judge to be the lead claimant in a court case brought by members of the public, which challenged Prime Minister Theresa May's authority to start talks to pull Britain out of the European Union without first asking parliament. Since a panel of three High Court judges ruled in her favor last month, she...

  • WASHINGTON, Nov 29- President-elect Donald Trump is expected to name former Goldman Sachs partner and Hollywood financier Steven Mnuchin as his nominee for Treasury secretary, a source said on Tuesday, putting a Wall Street veteran in the top U.S. economic Cabinet post. Mnuchin is the first person with extensive Wall Street experience to head the Treasury...

  • WASHINGTON, Nov 29- President-elect Donald Trump is expected to name former Goldman Sachs partner and Hollywood financier Steven Mnuchin as his nominee for Treasury secretary, a source said on Tuesday, putting a Wall Street veteran in the top U.S. economic Cabinet post for the first time in eight years. Mnuchin is the first person with Wall Street experience to...

  • WASHINGTON, Nov 29- President-elect Donald Trump is expected to name former Goldman Sachs partner and Hollywood financier Steven Mnuchin as his nominee for Treasury secretary, a source said on Tuesday, putting a Wall Street veteran in the top U.S. economic Cabinet post for the first time in eight years. Mnuchin is the first person with Wall Street experience to...

  • Media mogul Rupert Murdoch was among investors who piled into blood-testing start-up Theranos, the WSJ reported.