[QUOTE=Gunslinger;35189133]
Quote:
Originally Posted by Media Boy
=== Own by Newco ===
Sky News HD
I think that 'Newco' is just an expression used by lawyers etc when a proposed company restructuring involves transferring part of a business to a new entity, rather than a real company. Presumably at this stage nobody actually knows who or what will be taking over Sky News when (or if) the News International deal goes through.
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That is indeed correct, it's a term I see used often in work.
However in this case I understand that the new listed company name actually will be called 'NewCo'
Perhaps it is a nod to News Corporation.