Login    Forum    Search    FAQ     Radio

Board index » FTA News & Discussion » FTA Rumours




Post new topic Reply to topic  [ 1 post ] 
Author Message
 Post Posted: Tue Dec 21, 2010 10:19 pm 
Offline
SUPER USER
User avatar

Joined: Thu Apr 15, 2010 6:36 pm
Posts: 664
Direct TV increases stake in Sky Brazil
Rapid TV News on December 20, 2010

American pay-TV operator Direct TV has increased its stake in Sky Brazil to 93% in an operation valued at around $605 million.

The operation was made through Direct TV Latin America and this money was paid to Globo Comunicaçâo et Participaçôes which had owned the satellite pay-TV platform in the past and still had an important stake in it. Direct TV has previously has a 74% stake in Sky Brazil and going forward, Globo , Brazil's leading broadcaster, will maintain a 7% share in the operator.

According to the terms of the agreement Globo will continue to provide the platform with the programming according to pre-existing agreements between the two parties. Globo will be able to sell the rest of its stakes in the platform to Rupert Murdoch's pay-TV company in 2014.


Top 
 Profile  
 
Display posts from previous:  Sort by  
 
Post new topic Reply to topic  [ 1 post ] 

Board index » FTA News & Discussion » FTA Rumours


Who is online

Users browsing this forum: No registered users and 1 guest

 
 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron