Tag: Sky
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BSkyB in £5bn deal to create Sky Europe
BSkyB is paying £4.9bn to take over Rupert Murdoch’s pay TV companies in Germany and Italy. The move was announced along with the company’s annual results, which show pre-tax profits fell slightly to £1.2bn from last year’s £1.26bn. BSkyB also reported revenues rose by 7%, with strong demand “across the board” for its services. It…