Murdoch

[dibble1]

In simple terms can someone tell me why SKY and B SKY B are different things?

[DTCwordfan]

One is a brand, the other is a corporation

[ABerrant]

BSkyB was formed in 1990 by the merger of Sky Television and British Satellite Broadcasting.

http://en.wikipedia.o...tish_Sky_Broadcasting

[dibble1]

If that's the case surely Murdoch already owns B sky b

[Zeuhl]

As DT says; Sky is the brand name BSkyB markets some of its services under.

[Zeuhl]

He only owns part of it. 61% if i remember right.
He wants complete control of it.

[DTCwordfan]

he owns 38% I believe.

[ABerrant]

39.1%

[dibble1]

Again if SKY is News International, surely Rupert Murdoch already owns it, wasn't sky his baby?

[plautus]

I thought that anything over 50% gave complete control, but perhaps I don't understand it fully.

[Zeuhl]

That's right - i got it the wrong way round - he wants to acquire the other 61%

[DTCwordfan]

38.9 to be pedantic

[DTCwordfan]

yes 39.1

[dibble1]

Gotcha, thanks all for your trouble