Murdoch Eyes Pay TV in Europe

Jun 27, 2008  •  Post A Comment

Rupert Murdoch is looking to get News Corp. into the European pay-TV game, the Wall Street Journal reports. News Corp. is considering making offers to purchase Germany’s Premiere AG and Spain’s Digital+, a move analysts say would cost about $6.3 billion, the WSJ says, citing unnamed sources. The move would expand the responsibilities of the media mogul’s son James, who runs the company’s European and Asian operations. The European Commission has already allowed News Corp. to buy a 25% stake in Premiere, Daily Variety reports.
—Sergio Ibarra


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