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FT Opening Quote – Sky still under Magic Kingdom’s spell

Summary:
Sky’s future ownership looks uncertain (again), as news that 21st Century Fox may yet sell its 39 per cent stake to Disney means Isleworth could still end up as part of the Magic Kingdom, writes Matthew Vincent.Reports at the weekend suggested that Rupert Murdoch’s Fox had resumed talks over the sale of its entertainment and international assets — including its holding in the UK and European pay-TV company. Although initial discussions between the two sides ended last month, they are now back on, according to people with knowledge of the situation. And, if a deal were agreed for Disney to buy Fox’s entertainment assets, these would include the Sky stake but not preclude the continuation of a Disney-owned Fox’s bid for the rest of the shares.In practical terms though, a UK regulatory

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Sky’s future ownership looks uncertain (again), as news that 21st...

Chris Nuttall
Award-winning journalist with more than 35 years' experience in newspapers, magazines, radio, TV and the internet at local, national and international levels. At the BBC for 17 years and has spent the past 15 with the Financial Times. Served as a foreign correspondent in Sri Lanka, Washington and Turkey as well as in a roving role for the BBC. Turned a late 1980s geeky interest into a professional focus on the internet and technology and was founding World Editor of the BBC News website and the BBC 's first Internet Correspondent.

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