Britain's BSkyB said Friday that it
has struck a deal to buy 100% of Sky Italia and 57% of Sky
Deutschland to create new European pay-TV giant with around 20
million customers.
BSkyB has agreed to pay Rupert Murdoch's 21st Century Fox
£2.45 billion - around three million euros - for Sky Italia and
£2.9 billion for the controlling stake in the German group.
Murdoch's 21st Century Fox owns 39% of BSkyB, so the
Australian-American tycoon will keep a big interest in Sky
Italia and Sky Deutschland.
Murdoch reportedly organised the sales to free up cash for
21st Century Fox's bid to buy Time Warner, the company that owns
Game of Thrones maker HBO and news business channel CNN.
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