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Sky PLC (SKYB.L)

SKYB.L on London Stock Exchange

995.50GBp
11 Dec 2017
Change (% chg)

2.50 (+0.25%)
Prev Close
993.00
Open
994.50
Day's High
999.00
Day's Low
994.50
Volume
884,940
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5,253,345
52-wk High
1,038.07
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822.50

Latest Key Developments (Source: Significant Developments)

UK's Ofcom says broadband and landline customers to get compensated without claiming
Friday, 10 Nov 2017 

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

Twenty-First Century Fox Q1 adj shr from cont ops attributable to co's stockholders was $0.49
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Twenty-First Century Fox Inc ::Twenty-First Century Fox Inc - ‍reported total quarterly revenues of $7.00 billion, a $496 million, or 8%, increase from last year​.Twenty-First Century Fox Inc - ‍reported quarterly income from continuing operations attributable to 21st Century Fox stockholders of $0.45 per share​.Twenty-First Century Fox Inc - ‍Cable Network Programming quarterly segment OIBDA increased 9% to $1.51 billion​.Twenty-First Century Fox Inc - ‍Television reported quarterly segment OIBDA of $122 million, a decrease of 36% compared to prior year quarter​.Twenty-First Century Fox - ‍adjusted quarterly earnings per share from continuing operations attributable to 21st Century Fox stockholders was $0.49​.Twenty-First Century Fox Inc - ‍Filmed Entertainment generated quarterly segment OIBDA of $256 million, a $55 million decrease from prior year quarter​.Twenty-First Century Fox Inc - ‍absent further delays, Sky plc deal is expected to close by June 30, 2018​.Twenty-First Century Fox - ‍Q1 performance "puts us on track to achieve our overall financial and operational objectives for this fiscal year​".Q1 earnings per share view $0.49, revenue view $6.81 billion -- Thomson Reuters I/B/E/S.  Full Article

Sky ind director Gilbert "pretty confident" events at Fox News won't affect CMA review
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Sky :Independent director Martin Gilbert "pretty confident" events at Fox News <<>> won't affect CMA review of Fox-Sky deal - AGM.  Full Article

Fox responds to CMA statement over Sky deal‍​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - TWENTY-FIRST CENTURY FOX INC :‍​:21ST CENTURY FOX RESPONDS TO CMA ISSUES STATEMENT."LOOK FORWARD TO CMA PROCESS AND ENGAGING IN A THOROUGH AND CONSTRUCTIVE REVIEW"​.  Full Article

UK's CMA to examine how Fox/Sky deal would impact "media plurality and broadcasting standards in UK"
Tuesday, 10 Oct 2017 

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

Sky board member says Fox approach "worth putting to shareholders"
Saturday, 10 Dec 2016 

Martin Gilbert, Member Of Sky's independent committee assessing Fox approach says: it's a "good premium", "worth putting to shareholders" Further company coverage: [SKYB.L] (London newsroom) ((uk.online@reuters.com; 0207 542 7717;)).  Full Article

UK's Ofcom provisionally finds BT overcharged Sky
Monday, 26 Sep 2016 

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 invests 4 million euros in France's Molotov platform
Friday, 2 Sep 2016 

Sky Plc : Sky invests in Molotov . Has invested 4 million euros in Molotov, an over--top video platform in France that distributes free and pay tv channels and content to consumers via a freemium model .Investment is part of a larger Molotov financing round.  Full Article

Sky Plc says to invest in TV rights venture with Channel 4
Thursday, 11 Aug 2016 

Sky Plc : Sky and Channel 4 invest in TV rights venture TRX . Sky and Channel 4's Indie Growth Fund have invested in company's latest financing round, which will raise up to 5.2 mln stg for TRX .Sky and Channel 4 will each take an undisclosed minority stake in dial Square 86 Limited.  Full Article

Sky, Discovery/Liberty Global participating in auction for Formula One- WSJ
Saturday, 30 Jul 2016 

:Sky, Discovery/Liberty Global participating in auction for Formula One; winner of auction could emerge in next few weeks - WSJ, citing sources.  Full Article

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Britain pushes back date for provisional findings on Sky-Fox deal

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.