|
||||||||
21st Century Fox to buy Sky |
![]() |
|
|
|
Thread Tools | Search this Thread |
|
|
#1 |
|
Forum Member
Join Date: Jul 2007
Posts: 10,875
|
21st Century Fox to buy Sky
Bloomberg are reporting it as a done deal:
https://www.bloomberg.com/news/artic...ees-to-buy-sky Other sources say an offer has been tabled. |
|
|
|
|
Please sign in or register to remove this advertisement.
|
|
|
#2 |
|
Forum Member
Join Date: Dec 2004
Posts: 283
|
Now confirmed by Sky News that a bid has been tabled.
|
|
|
|
|
|
#3 |
|
Forum Member
Join Date: Oct 2002
Location: Inverness
Posts: 3,472
|
Also confirmed by Guardian https://www.theguardian.com/business...eal-to-buy-sky - Sky board has agreed to the deal and will recommend to shareholders.
|
|
|
|
|
|
#4 |
|
Forum Member
Join Date: Jul 2003
Location: Pimlico, central London, UK
Posts: 14,871
|
Its a shame that one of our biggest media and telecommunications companies will now be fully foreign owned.
|
|
|
|
|
|
#5 |
|
Forum Member
Join Date: Mar 2004
Location: South
Posts: 10,842
|
So . . . . . does this mean that Murdoch will now fully own Sky?
|
|
|
|
|
|
#6 |
|
Forum Member
Join Date: May 2012
Posts: 87
|
Quote:
So . . . . . does this mean that Murdoch will now fully own Sky?
Get ready for the price hikes as there coming lol |
|
|
|
|
|
#7 |
|
Forum Member
Join Date: Feb 2002
Posts: 20,368
|
Quote:
He always did just never on paper
|
|
|
|
|
|
#8 |
|
Forum Member
Join Date: Dec 2004
Location: Central London
Posts: 43,666
|
Quote:
Tell that to the 60% of non-Fox shareholders!!!
|
|
|
|
|
#9 |
|
Forum Member
Join Date: Sep 2014
Posts: 176
|
Does that mean a rebrand if it successfully happens i.e. Sky News becoming Fox News UK etc etc
|
|
|
|
|
|
#10 |
|
Forum Member
Join Date: May 2012
Posts: 7,316
|
Quote:
Does that mean a rebrand if it successfully happens i.e. Sky News becoming Fox News UK etc etc
Played by Elliot Carver for legal reasons.....
|
|
|
|
|
|
#11 |
|
Forum Member
Join Date: Jul 2005
Location: Shropshire
Posts: 641
|
Duplicate
|
|
|
|
|
|
#12 |
|
Forum Member
Join Date: Jul 2005
Location: Shropshire
Posts: 641
|
Quote:
Snips from the BBC news article
"Sterling's 16% fall against the US dollar in the wake of the Brexit vote has made UK companies more attractive targets for foreign companies." "Sky has not performed well in the UK stock market this year, and is seen as a Brexit loser. Fox is of course also a dollar bidder, and the collapse in sterling makes Sky a less expensive purchase than pre-Brexit," he said. Brexit happens and because he has more control than he already needs over the political class, he and his organisation become even more powerful, with I add no powerful European 'bureaucrats' to stop him doing what he needs... GREAT! |
|
|
|
|
|
#13 |
|
Forum Member
Join Date: Aug 2010
Posts: 1,489
|
[quote=pepstar;84840924]......So Murdoch's most powerful mouthpiece, the sun tables brexit.... and he is well connected in the tory party. Now he gets the remaining shares he doesn't own at a knock down price because of the slump in the pound.
Brexit happens and because he has more control than he already needs over the political class, he and his organisation become even more powerful, with I add no powerful European 'bureaucrats' to stop him doing what he needs... GREAT![/QUOTE I thought it said that Fox offered 12bn in 2011 which was rejected by Sky, and now it has been upped to 18.5bn, even allowing for a slight decrease in the £ it is still an increase of a fair few quid ! |
|
|
|
|
|
#14 |
|
Forum Member
Join Date: May 2005
Posts: 17,160
|
Quote:
I thought it said that Fox offered 12bn in 2011 which was rejected by Sky, and now it has been upped to 18.5bn, even allowing for a slight decrease in the £ it is still an increase of a fair few quid !
Today's offer is £10.75 per share. Obviously the fall in the £ helps Fox if they are funding it with $ (or borrowing in $). However at the same time they are paying Sky shareholders in £ - so all that matters to Sky shareholders is the price in £. The 2010 offer of £7.00 was rejected and Sky said they would only consider offers of at least £8.00. Before an agreement was reached on price, the offer was referred to regulators, there were subsequently various twists and turns and then ultimately the offer was withdrawn (in 2011) following the phone hacking scandal. (NB. The 2010 offer was actually made by News Corporation - prior to it being split into two). |
|
|
|
|
|
#15 |
|
Forum Member
Join Date: Sep 2013
Location: UK
Posts: 1,973
|
Wonder if they'll be more layoffs at Sky News...
|
|
|
|
|
|
#16 |
|
Forum Member
Join Date: May 2004
Location: Storbritannia
Posts: 28,916
|
Quote:
......So Murdoch's most powerful mouthpiece, the sun tables brexit.... and he is well connected in the tory party. Now he gets the remaining shares he doesn't own at a knock down price because of the slump in the pound.
Brexit happens and because he has more control than he already needs over the political class, he and his organisation become even more powerful, with I add no powerful European 'bureaucrats' to stop him doing what he needs... GREAT! |
|
|
|
|
|
#17 |
|
Forum Member
Join Date: Aug 2016
Posts: 15
|
I can't see web news or streaming media holding out much longer to the unstoppable double forces of print media and expensive television bundles.
|
|
|
|
|
|
#18 |
|
Forum Member
Join Date: Jan 2006
Posts: 9,058
|
Quote:
......So Murdoch's most powerful mouthpiece, the sun tables brexit.... and he is well connected in the tory party. Now he gets the remaining shares he doesn't own at a knock down price because of the slump in the pound.
Brexit happens and because he has more control than he already needs over the political class, he and his organisation become even more powerful, with I add no powerful European 'bureaucrats' to stop him doing what he needs... GREAT! |
|
|
|
|
|
#19 |
|
Forum Member
Join Date: May 2004
Location: Storbritannia
Posts: 28,916
|
Quote:
I can't see web news or streaming media holding out much longer to the unstoppable double forces of print media and expensive television bundles.
Thanks for the lulz! (It's also why Sky had no choice but to introduce Now TV)
|
|
|
|
|
|
#20 |
|
Forum Member
Join Date: Jun 2002
Location: Scotland, Dunfermline Area
Posts: 10,698
|
I have never been a big fan of Murdoch.
How will this affect its broadcasting. Will it mean that in time ever more programmes and stuff will move to Sky after the deal gose though. As I have said a few times in the past I all for other companies like BT and Netflix trying to take Sky on. I know Sky is still the biggest pay TV provider in the UK. Also Skys packages have almost doubled in price since I got rid of Sky over 12 years ago. Darren |
|
|
|
|
|
#21 |
|
Forum Member
Join Date: Jul 2005
Location: Old Father Thames
Posts: 4,011
|
So BT are being told to split with Openreach and Fox are buying Sky?
The lizard people are coming, who's got my tinfoil hat? |
|
|
|
|
|
#22 |
|
Forum Member
Join Date: Mar 2010
Posts: 949
|
Quote:
So BT are being told to split with Openreach and Fox are buying Sky?
The lizard people are coming, who's got my tinfoil hat? Openreach is the underlying infrastructure that supplies internet and telecommunications to most people's homes in the UK. There's obviously a conflict of interest when the company that provides that, is the same company that competes with other ISPs and content providers. This is in no way similar to the FOX buying Sky deal. |
|
|
|
|
|
#23 |
|
Forum Member
Join Date: Jul 2016
Location: Tea and toast
Posts: 407
|
I don't care what they do so long as there's Gillette Soccer Saturday!
|
|
|
|
|
|
#24 |
|
Forum Member
Join Date: Jul 2011
Posts: 148
|
Thank god a got rid of Sky not giving that guy any of my money, not even the 75% off come back could tempt me
|
|
|
|
|
|
#25 |
|
Forum Member
Join Date: Jun 2002
Location: Scotland, Dunfermline Area
Posts: 10,698
|
Sky in my option are greedy and will get even more so after the deal gose though.
I have BT TV as well as Netflix as its a cheaper option than going back to Sky. Darren |
|
|
|
![]() |
|
|
All times are GMT. The time now is 10:20.



