Archive for the 'TV Industry News' Category

Sky buys ITV stake in surprise strategic move

Satellite television operator BSkyB has acquired a significant stake in ITV. It is a typically bold strategic move that could inhibit a bid by rival cable company NTL for the leading commercial television network in the United Kingdom.
BSkyB spent £940 million paying 135 pence per share to acquire a 17.9% stake in the commercial network […]

Sky expands HD with extra sport channel

Sky Sports is to launch a second high-definition television channel. Sky Sports HD2 will be broadcast on Sky HD channel 409 from July 31, alongside Sky Sports HD1 which launched with the initial Sky HD channel portfolio in May.
Sky Sports HD2 will carry a full day’s schedule from one of the Sky Sports channels.
Sky said […]