BSkyB expected to announce acquisition of controlling shareholding in Love Productions on Monday
BSkyB, a listed UK-based satellite television broadcaster, is likely to announce tomorrow, 21 July its acquisition of a controlling interest in Love Productions, The Sunday Times reported. The newspaper did not cite a source for the claim, which appeared at the end of an article about BSkyB’s bid for the European broadcasters Sky Deutschland and Sky Italia.
As previously reported, News Corporation, a listed New York City-based news media company, owns a 39% stake in BSkyB. News Corporation owns The Sunday Times.
Background:
Love Productions, a UK-based television production company, had turnover of slightly less than GBP 14m (EUR 17.68m) in 2013, according to a Broadcast survey of the sector published on 30 June.
Source Sunday Times