Sky PLC (SKYB.L)
11 Dec 2017
Latest Key Developments (Source: Significant Developments)
Nov 10 (Reuters) - Office of Communications:OFCOM- BROADBAND AND LANDLINE CUSTOMERS WILL GET MONEY BACK FROM THEIR PROVIDERS WHEN THINGS GO WRONG, WITHOUT HAVING TO CLAIM IT.OFCOM- CUSTOMERS SET FOR £142M IN PAYOUTS - AROUND NINE TIMES CURRENT LEVEL.OFCOM-AS A RESULT OF OFCOM'S INTERVENTION, BT, SKY, TALKTALK, VIRGIN MEDIA AND ZEN INTERNET HAVE AGREED TO INTRODUCE AUTOMATIC COMPENSATION. Full Article
Nov 8 (Reuters) - Twenty-First Century Fox Inc
Oct 12 (Reuters) - Sky
Oct 10 (Reuters) - TWENTY-FIRST CENTURY FOX INC
UK's CMA to examine how Fox/Sky deal would impact "media plurality and broadcasting standards in UK"
Oct 10 (Reuters) - UK's CMA::Set out more detail about what it intends to examine in its investigation into proposed takeover of sky plc by 21 st century fox.Will now examine how deal would impact "media plurality and broadcasting standards in uk".Required to report to secretary of state with its recommendations within six months of opening investigation. Full Article
Martin Gilbert, Member Of Sky's
UK's Ofcom : Published provisional conclusions on dispute between BT and Sky regarding TRC and SFI charges . Part of scope of Sky dispute directly overlaps with TalkTalk’s dispute with BT . "We provisionally conclude that BT has not demonstrated" that TRC, SFI charges were compliant with applicable cost orientation conditions . "We provisionally conclude that certain of BT’s TRC and SFI charges exceeded DSAC during the relevant period." . Provisionally conclude that BT should be required to repay Sky repayment amount with interest at BOE+1% . "We consider that responses made in relation to the Sky dispute may be relevant to the issues raised in this dispute" . Considers appropriate not to issue final determination of TalkTalk dispute until considering implications of any responses to Sky dispute . "We provisionally conclude" it appropriate, proportionate to direct bt to make repayments. . "We provisionally agree with Sky that repayment of BT’s overcharge for TRCS and SFIS during the relevant period would be appropriate" .Propose to leave it to parties to agree exact level of repayment due, based on our calculations of the difference between price and DSAC. Full Article
:Sky, Discovery/Liberty Global participating in auction for Formula One; winner of auction could emerge in next few weeks - WSJ, citing sources. Full Article
LONDON Britain's competition regulator will publish its provisional findings on Rupert Murdoch's planned takeover of Sky next month, later than expected, but the overall timing of the review should remain unchanged.