NewsCorp Completes Purchase of Sky Italia Stake

30 September 2004

Following News Corporation's agreement to acquire the only remaining minority stake in satellite broadcaster Sky Italia [WAMN: 16-Sep-04], the deal has been settled for €88 million ($108.4m; £60m).

The purchase of the 19.9% stake from Telecom Italia gives NewsCorp full control of the Italian pay-TV platform.

Data sourced from: Financial Times; additional content by WARC staff