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Article: City: DYNASTY As Sam Chisholm quits BSkyB and Elisabeth Murdoch waits in the wings, pounds 1.5bn was wiped off the share price last week. Investors are now asking whether Rupert Murdoch's grip on the UK pay television market is slipping and fear that the `blue sky' days are over
- Article from:
- The Sunday Telegraph London
- Article date:
- June 22, 1997
- Author:
CopyrightCopyright 1997 The Sunday Telegraph London. Provided by ProQuest LLC. (Hide copyright information)
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When the history of British Sky Broadcasting is written, the
events of past week will be told in a chapter entitled "The day the
sky fell in".
Last Monday morning it seemed like business as usual at BSkyB's
modern headquarters in Isleworth, west London. In studios and
offices, staff beavered around the clock producing and distributing
sport, movies and news for over 6m television hungry subscribers
across the country.
Below, in reception, a giant digital display board above the
entrance that broadcasts the number of calls to the group's
customer service centre in Livingstone by the day, week and month
and tracks the BSkyB share price, blinked into action.
At 7.30am the price was 595p, giving ...