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Tag: Battle

The battle for Sky: Five reasons why it matters

The battle for Sky: Five reasons why it matters

Business
Powerful media firms with deep pockets are lining up to try to buy Sky.The Rupert Murdoch-controlled 21st Century Fox is in a bidding war with US media giant Comcast over the prize, with billions of pounds at stake.This is all very good news for Sky shareholders, but why else is it important?1. Sky is a big playerSky is "a jewel in a crown", says media analyst Alice Enders.The broadcaster has nearly 23 million pay-TV subscribers in Europe, with more scope for expansion there than in the US, and it has a broadband business.In February, Sky Sports won the rights to UK Premier League TV packages, and Sky also licenses shows including Game of Thrones, as well as producing its own original content.2. The impact on pricesNo matter who ...
Murdoch's Fox increases Sky bid to £24.5bn in takeover battle

Murdoch's Fox increases Sky bid to £24.5bn in takeover battle

Business
Rupert Murdoch's 21st Century Fox has increased its offer for UK broadcaster Sky to £24.5bn, topping a previous offer from rival bidder Comcast.US media giant Comcast made a £22bn offer for Sky in February, trumping a previous offer from Fox, which valued Sky at £18.5bn.Fox is expecting to get regulatory approval from Britain this week for the deal.Fox said Sky's independent committee had agreed the deal.Fox has been trying to get approval from UK regulators since 2016 to buy the 61% of Sky it does not own already.The bid was held up by fears that it could give Mr Murdoch too much power over UK media.Fox has been trying to address those concerns through concessions, including selling Sky News to Disney once the deal is complete.In June, ...

Elvis Costello reveals cancer battle – as tour is cancelled

Entertainment
Elvis Costello has announced that his tour has been put on hold after being diagnosed with an 'agressive' form of cancer.The hit singer from the 70s' has apologised to his fans who had brought tour tickets as he has cancelled the remaining six dates of the tour. His specialist had informed him that he had a small but aggressive form of cancer which would be easy to get rid of, but he needs to take his time out to recover.Apologising in his statement, he wrote: "I would rather disappoint our friends there by not appearing than in pressing on with a show that is compromised and eventually puts my health at risk." MORE TO FOLLOW Let's block ads! (Why?) Daily Star | Celebs Feed
WPP sparks Sorrell legal battle ‎over agency bid

WPP sparks Sorrell legal battle ‎over agency bid

Business
WPP Group is threatening to strip its former chief executive Sir Martin Sorrell of share awards worth potentially tens of millions of pounds over his new venture's €300m (£265m) bid to launch a rival multinational network. Sky News can exclusively reveal that WPP, the FTSE-100 marketing services group that Sir Martin spent three decades building into the biggest global business of its kind, has written to him alleging that he is "likely to be in breach of his confidentiality obligations".The row has arisen because Sir Martin's new vehicle, S4 Capital, is in talks to buy MediaMonks, a Dutch digital agency, which is also the subject of takeover interest from WPP.In its letter to Sir Martin's lawyers, sent on Tuesday by Slaughter & May, the 'Magic Circle' law firm, ...
Fortnite: A fortnight in my 40s in Battle Royale

Fortnite: A fortnight in my 40s in Battle Royale

Technology
I leap from the battle bus and land in the middle of what appears to be a deserted island, carrying only a pickaxe as a weapon. As I start running, I hear the sound of gunshots in the distance. Almost immediately I'm dodging bullets and suddenly I'm dead - shot by one of the other 99 players on the island.I'm playing Fortnite, the video game phenomenon. According to developer Epic Games, more than 125 million other players are also in its grip.It's the first time I've properly dedicated myself to a game since Tomb Raider in the 1990s, when I was a 20-something rather than the 40-something I am today. Battle Royale is Fortnite's most popular mode. One hundred of us collect weapons, build defences ...