 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
BSkyB losses appeal on sale of ITV stake
London (AFP) Jan 21, 2010 British pay-TV giant BSkyB on Thursday lost an appeal over a government order that it reduce its 17.9-percent stake in commercial television network ITV. Britain's Court of Appeal said that a 2008 ruling that BSkyB cut its shareholding in British broadcaster ITV to 7.5 percent on grounds of competition must stand. BSkyB, in which the biggest shareholder is Rupert Murdoch's News Corp, said it would "review the judgement" before deciding on any further action. The British government had ruled agianst BSkyB in January 2008 following a recommendation by competition authorities. The satellite TV operator, known for its round-the-clock Sky News channel and live coverage of English Premier League football, snapped up 17.9 percent of ITV for 940 million pounds in November 2006. However, many analysts saw the move as preventing an ITV tie-up with BSkyB's fierce rival Virgin Media.
Share This Article With Planet Earth
Related Links The latest information about the Commercial Satellite Industry
NSS-12 Satellite Of SES WORLD SKIES Goes LiveThe Hague, Netherlands (SPX) Jan 19, 2010 SES WORLD SKIES, a division of SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG), announces that the NSS-12 satellite has entered commercial service at the orbital location of 57 degrees East. The NSS-12 satellite is the 41st spacecraft in SES' global fleet. NSS-12 was successfully launched onboard an Ariane 5 rocket on October 29, 2009. The spacecraft replaces NSS-703 at a key ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook