Sky ordered to cut stake in ITV

[Dukefever]

Hmm, so no chance of Virgin buying the shares then?

I'll get my coat!

Duke

[Ignitionnet]

Originally Posted by naeskydish

So although there may be reasons to be pleased about today’s announcement over the ITV shares, it seems to me that companies like Rupert Murdoch’s empire which is not shy at influencing public opinion and a political think giant Bertelsmann AG getting together in business, even in a relatively small way, may eventually be a reason for concern for all free thinkers. I don’t trust them.

Bit late for them getting together in business. Give you three guesses who supplies Channel 5's news. Yep, Sky News.

[Stuart]

Originally Posted by naeskydish

The channel 4 link gives further information


I wasn’t aware of RTL’s ownership of channel 5 , so I tried to see if there was some connection between RTL and SKY but there was nothing that jumped out other than RTL showing some SKY channels. However the owner of RTL, Bertelsmann AG itself has got it’s it’s fingers in a few pies not including music or publishing;

I seem to recall that at some point Sky offered their 17.5 percent share of ITV to RTL in return for ownership of Channel 5. The deal was stopped.

[naeskydish]

Sorry, I'll remember that If I post again.

[Stuart]

Originally Posted by naeskydish

Sorry, I'll remember that If I post again.

Nothing to be sorry for..

After kicking and screaming a bit more, Sky has capitulated. I bet wee Jamsey gets grounded by his dad tonight.

http://www.guardian.co.uk/media/2010...skyb-itv-stake

[Toto]

Originally Posted by Chris

After kicking and screaming a bit more, Sky has capitulated. I bet wee Jamsey gets grounded by his dad tonight.

http://www.guardian.co.uk/media/2010...skyb-itv-stake

Haha, their probably holding on to the other 10% in the hope that ITV shares go up. Lets hope James holds his breath.

[Ignitionnet]

Originally Posted by Chris

After kicking and screaming a bit more, Sky has capitulated. I bet wee Jamsey gets grounded by his dad tonight.

http://www.guardian.co.uk/media/2010...skyb-itv-stake

Not at all, mission accomplished.

---------- Post added at 19:54 ---------- Previous post was at 19:53 ----------

Originally Posted by Toto

Haha, their probably holding on to the other 10% in the hope that ITV shares go up. Lets hope James holds his breath.

Holding on to shares hoping the value goes up? No you think? Really?

It's amusing how sticking it to 'the man' Murdoch gets people going though.

I'll wait for the usual Murdoch bashers to wade in and get orgasmic over this news

Originally Posted by Broadbandings

Not at all, mission accomplished.

I'm not convinced doing it at a cost of more than £330 million was in the gameplan.

And it seems Murdoch Jr. has already been sent to bed without any supper, I hadn't realised he's no longer the CEO but has been kicked upstairs as chairman where he can't do any real damage.

[Ignitionnet]

Originally Posted by Chris

I'm not convinced doing it at a cost of more than £330 million was in the gameplan.

And it seems Murdoch Jr. has already been sent to bed without any supper, I hadn't realised he's no longer the CEO but has been kicked upstairs as chairman where he can't do any real damage.

Of course the cost was higher than would have been wished for but your other comment is purely your opinion. Nothing to indicate anything 'punitive' about it at all. Given you're so up on things you didn't even know it had happened not entirely sure how seriously to take your thoughts that it was a punitive move.

Still keep gloating.