United States

BSkyB to pay $9 billion to create Sky Europe


Photo  / 3

Sky Sports logos are seen on the side of offices at their UK company headquarters in west London July 25, 2014. Britain's BSkyB has agreed to pay 4.9 billion pounds ($8.3 billion) in cash to buy Rupert Murdoch's pay-TV assets in Germany and Italy, responding to slowing growth at home by creating a European media powerhouse. REUTERS/Toby Melville