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Sky has reached an agreement on the terms of a full takeover from Rupert Murdoch’s 21st Century Fox. The deal has been met with controversy since rumours first began circulating, however both parties have now agreed that Fox will pay £11.7bn for the 61 per cent stake in Sky that it does not already own, valuing the FTSE 100 company at £19bn. The acquisition will combine Fox’s film and television influence with… Read More
Media M&A has picked up significantly over the last few years in line with the structural changes to the industry. With the increasing development of technology that is now readily available to consumers has come a growing appetite to digest media through a number of channels. In today’s world the power of print is dwindling, and virtually all newspapers and magazines now engage their readership through apps and, in some cases, subscription… Read More
Over the last few years, television has gradually lost its dominance as a source of entertainment, news and information. Viewers, and in particular the millennial generation, are now looking to digital platforms to access their favourite television shows, films, news broadcasts and sports fixtures. With this, television sets are slowly but surely becoming a thing of the past, as viewers increasingly turn to laptops, tablets and other mobile devices. Recognising the importance… Read More