New York, Rupert Murdoch, 39 percent already belong to the Sky now he gets the Rest. A total of 14 billion dollars pays his company 21st Century Fox for the outstanding papers of the European pay-station that is rated to just under $ 23 billion.
The logic follows the other Acquisitions in the media industry such as AT&T and Time Warner, or Comcast and NBC Universal: content and distribution are increasingly United under one roof. More and more customers migrate to the Internet, which makes to create the classic TV and movie business.
21st Century Fox is in the Film and television business, while the Sky Shows such as HBO or current movies broadcasts via satellite sports programming, such as the Bundesliga in Germany or Premier League in England as well as a TV. The Acquisition would bring “sky’s leading Position in entertainment and sports,” said 21st Century Fox in a statement.
The Acquisition was recorded last January. Since installed media entrepreneur, Murdoch resigned his son James Murdoch as Chairman – four years ago, in the same Position after the wiretapping scandal of the Post. Under the public pressure of the scandal of intercepted phone calls and bribed policemen Murdoch split at the time, his company News Corp in 2012 and separated in the new company 21st Century Fox.
shareholders of Sky scented even before the acquisition, a conflict of interest. The 43-Year-old James Murdoch also leads the operations of 21st Century Fox. With the staff Union, as the investor, it may not be a fair takeover price. At the annual General meeting in October last, voted, according to the financial advice the majority of all independent shareholders, a Manifesto against James Murdoch. Now, by the Sky Board of Directors appointed body advises the exclusion of him for the offer.
a rash for the offer according to the “Wall Street Journal” the weak pound. Since the decision to withdraw from the European Union in June, the English currency fell against the Dollar by 16 per cent. Also, a weak exchange rate, which fell last year to 27 percent – almost as much helped, as Murdoch is now for Sky as a premium bonus on the table.