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

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 Executive Co-Chairman at News Corp., Chairman & Chief Executive Officer at R

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 
07/22 RUPERT MURDOCH : Fox News chief Ailes resigns after sexual harassment claims
07/21DJRUPERT MURDOCH : Ailes Resigns From Fox News; Rupert Murdoch to Take Over--2nd Update
07/21DJRUPERT MURDOCH : Roger Ailes Resigns From Fox News; Rupert Murdoch to Take Over
07/21 RUPERT MURDOCH : Blockbuster ratings may give Fox News room to revive after Ailes exit
07/20DJRUPERT MURDOCH : Roger Ailes In Talks With Fox Over Exit -- WSJ
07/19DJRUPERT MURDOCH : Fox Negotiating Exit of Fox News Chief Roger Ailes--Update
07/19DJRUPERT MURDOCH : 21st Century Fox Negotiating Exit of Fox News Chief Roger Ailes
07/18 RUPERT MURDOCH : Murdochs decide to oust Fox News chief Ailes
06/28 RUPERT MURDOCH : Murdoch says weaker sterling makes UK more competitive - reporter
01/30DJRUPERT MURDOCH : Sky Reappoints Murdoch To Post
01/29 RUPERT MURDOCH : James Murdoch, who quit in phone-hacking scandal, returns as Sky chairman
2015 RUPERT MURDOCH : Tribune Publishing says not in talks to sell itself after Murdoch tweet
2015 RUPERT MURDOCH : Tribune papers likely to be sold, LA Times split off
2015DJRUPERT MURDOCH : Video Ads Like Facebook's 'Not Really Earning Anybody's Attention'
2015DJRUPERT MURDOCH : Elisabeth Murdoch Launching Mobile Video Company Vertical Networks
1  2  3  4  5  6  7  8  9  10Next

Advertisement
Most Read News 
07/27DJMARISSA MAYER : After Yahoo, Marissa Mayer May Have to Wait for Another CEO Chance
07/24DJMICHAEL DELL : Dell, HP Take Opposite Tacks Amid Roiling Tech Market
07/27 ELON MUSK : Tesla's Musk sees 'modest' capital raise for next strategic turn
07/25 PHILIP GREEN : UK lawmakers
07/28 ROBERT STEWART : lawyer
07/24 ELON MUSK : sources
07/29DJLARRY ELLISON : Oracle in Cloud Deal Valued at $9.3 Billion -- WSJ
More news

Popular Business Leaders 
William Ackman Aldemir Bendine Martin Blessing Vincent Bolloré Warren Buffett Paul Bulcke Tim Cook Philippe Dauman Michael Dell Patrick Drahi David Einhorn Klaus Engel Federico Ghizzoni Carlos Ghosn Mario Greco Philip Green Herbert Hainer Guy Hands David Henry Carl Icahn R. Johnson Jérôme Kerviel Jack Ma Marissa Mayer Lakshmi Mittal Rupert Murdoch Elon Musk Xavier Niel Michael O'leary Wolfgang Porsche Sumner Redstone Ulf Mark Schneider Charles Schwab Masayoshi Son George Soros Martin Sorrell Rupert Stadler Osamu Suzuki Tidjane Thiam Peter Thiel Hans Vestberg François Villeroy De Galhau Sam Walton Alain Weill Martin Winterkorn Dieter Zetsche Cyril Zimmermann Mark Zuckerberg Isabel Dos Santos
A-Z Business Leaders