News Corp adds to Premiere share
May 21, 2008
News Corp has upped its holding in the German pay-TV platform to 25.01 per cent. This is up from 22.7 per cent and follows the company progressively increasing its holding since January when it paid E287 million for a 14.58 per cent stake previously held by Unitymedia.
News Corp executives Mark Williams and Tom Mockridge, recently promoted to head all News TV outside the UK, are due to be appointed to Premiere's supervisory board at a general assembly on June 12th. The European Commission has said it may review the News' stake based on concern it could block decisions at an AGM.
Other posts by :
- AST SpaceMobile: “Good for indoor reception”
- EchoStar booms on SpaceX holding
- Norway wants a satellite constellation
- Crossroads backs AST SpaceMobile
- FCC examines SpaceX’s 15,000 sat-constellation plan
- EchoStar: “Severe uncertainty” led to spectrum sales
- Netflix gets downgrade on Warner Bros move
- UK trims Orbex investment
- Euro-bank sets up €500m space fund
