Murdoch to pay $8.3bn to create pan-European TV group

Rupert Murdoch plans to forge a new pan-European pay TV group with his British-based BSkyB paying 4.9 billion pounds (8.3 billion dollars) in cash to buy the media mogul’s television offshoots in Germany and Italy. Until now, the German and Italian pay TV operations had been owned by the US media group 21st Century Fox, … Read more

Media Mogul Murdoch to G20: Get out of business’s way

Love him or hate him, you certainly cannot ignore media mogul Rupert Murdoch. The Australian-born billionaire might be 83 but he has lost none of his straight-talking, his ability to call a spade a bloody shovel. This morning the owner of the Wall Street Journal, The Times of London, Sky News and a host of … Read more