Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Business Leaders  >  All news

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Birthday : 03/11/1931
Place of birth : Melbourne - Australia
Biography : Mr. Keith R. Murdoch is Chairman at FOX Business Network, Chairman at FOX News Network LLC, Executiv

Sky Deutschland names James Murdoch to board

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/08/2013 | 04:22pm CEST

Sky Deutschland wants to appoint News Corp's James Murdoch to its supervisory board, as the media conglomerate tightens its grip on the German pay-TV broadcaster.

In the invitation to its shareholders meeting on April 18, Sky Deutschland said it would nominate James Murdoch, who is News Corp's Deputy Chief Operating Of?cer and son of media magnate Rupert Murdoch.

News Corp began building a stake in Sky Deutschland, formerly known as Premiere, in 2008. Following Sky Deutschland's capital hike earlier this year, News Corp holds 54.8 percent.

News Corp has participated in several rights issues of the broadcaster and Sky Deutschland's current chief executive Brian Sullivan took the helm in 2010 after around 14 years at Britain's biggest pay-TV company BSkyB.

A person familiar with the company said on Friday Sky Deutschland expects to benefit from Murdoch's knowledge of international markets and new technologies.

"He will play an active role in the company but has no ambition to become chairman of the board," the person added.

James Murdoch in November was re-elected to the board of BSkyB.

He was forced to quit as BSkyB's chairman in April last year over his role in the phone hacking scandal at News Corp.

James Murdoch, who also managed the now-defunct News of the World, the newspaper at the centre of the scandal, was criticised by parliament and regulators in Britain for failing to get to the bottom of wrongdoing by journalists.

In June, News Corp announced it would separate its publishing and entertainment assets in a process likely to occur by early summer.

Sky Deutschland expects to be profitable this year on a operating (EBITDA) level as it hopes to attract new subscribers after it secured the exclusive Bundesliga football rights last year.

Last year it posted an EBITDA loss of 51 million euros ($67 million), about a third of the 155.5 million it lost in the previous year.

Sky Deutschland shares were down 1.7 percent at 1445 GMT, underperforming a 0.6 percent stronger media index. ($1 = 0.7644 euros)

(Reporting by Joern Poltz and Harro ten Wolde; Editing by Ludwig Burger and David Cowell)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news about Rupert Murdoch 
03/16 RUPERT MURDOCH : British regulator to investigate Sky takeover by Murdoch's Fox
03/03 RUPERT MURDOCH : Murdoch's Fox seeks EU okay for $14.4 billion Sky takeover bid
03/01 RUPERT MURDOCH : Murdoch's Fox set to request EU approval for Sky takeover bid
01/05DJRUPERT MURDOCH : Megyn Kelly?s Replacement Will Reveal Fox News?s Approach
01/03DJRUPERT MURDOCH : Megyn Kelly to Leave Fox News to Join NBC
2016 RUPERT MURDOCH : minister
2016 RUPERT MURDOCH : Murdoch denies pressuring UK prime ministers ahead of Sky submission
2016 RUPERT MURDOCH : Vivendi denies plan to take over Italian broadcaster Mediaset
2016 RUPERT MURDOCH : Murdoch's Fox agrees 11.7 billion pounds Sky deal to expand empire
2016 RUPERT MURDOCH : Former PM Brown calls for Murdoch's Sky deal to be delayed
2016DJRUPERT MURDOCH : Bid for Sky Faces Hurdles -- WSJ
2016DJRUPERT MURDOCH : 21st Century Fox?s Bid for Sky Isn?t a Done Deal Yet
2016 RUPERT MURDOCH : the political and regulatory hurdles
2016DJRUPERT MURDOCH : 21st Century Fox Wants All of Sky -- WSJ
2016 RUPERT MURDOCH : Murdoch's Twenty-First Century Fox bids $14 billion for UK's Sky
1  2  3  4  5  6  7  8  9  10Next

Advertisement
Most Read News 
03/24DJCHARLES SCHWAB : ProShares No Longer Wants to Pay Charles Schwab to Sell Its ETFs
03/24 RICHIE BOUCHER : Bank of Ireland CEO Boucher to retire before year-end
03/22 PING LI : Container shipping lines ordered to testify in U.S. sector probe
03/22 HOWARD SCHULTZ : Starbucks CEO Schultz to host last shareholder meeting
03/22DJJACK MA : Alibaba to Establish Malaysia Hub
03/22 LI KA-SHING : Li Ka-shing says does not expect HK property prices to fall
03/23DJJOSEPH PAPA : Valeant CEO Joseph Papa Was Paid $62.7 Million in 2016
More news

Popular Business Leaders 
William Ackman Alain Afflelou Bernard Arnault Max Azria Mary Barra Yannick Bolloré Warren Buffett Jean-paul Clozel Gary Cohn Tim Cook Leonardo Del Vecchio Michael Dell Jamie Dimon Klaus Engel Bill Gates Carlos Ghosn Stuart Gulliver Peter Hancock David Henry Carl Icahn Anshu Jain Isabelle Kocher Arnaud Lagardère Maurice Lévy Jack Ma Sergio Marchionne Marissa Mayer Lakshmi Mittal Rupert Murdoch Elon Musk Robert Peugeot Ferdinand Piëch Patrick Pouyanné Sumner Redstone Alexandre Ricard Wilbur Ross Charles Schwab Carlos Slim George Soros Rupert Stadler Bernard Tapie Ratan Tata Tidjane Thiam François Villeroy De Galhau Axel Weber Thomas Wilson Martin Winterkorn Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders