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Article: Gestation period over for Sky Italia. (Finance & Business).
- Article from:
- Screen Digest
- Article date:
- May 1, 2003
CopyrightCOPYRIGHT 2003 Screen Digest Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New Corporation has completed its 871m [euro] acquisition of Italian pay TV service Telepiu. It will be combined with smaller News Corporation-backed service Stream, creating Sky Italia. News Corporation will own 80.1 per cent of Sky Italia, remainder held by Telecom Italia, its partner in Stream. Combined platform will have about 2.6m subscribers. News Corporation will take over 414m [euro] of ...