Sky adds TV subscribers as bid battle intensifies

21st Century Fox bid £11.4 billion for the part of Sky it is yet to own nearly 18 months ago. (AFP)
Updated 19 April 2018
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Sky adds TV subscribers as bid battle intensifies

LONDON: Sky, the pan-European TV giant, said Thursday that it had added 38,000 customers in its third quarter as a takeover battle for the group intensified.
Rupert Murdoch’s 21st Century Fox is hoping to buy the 61 percent of Sky it does not own but the long-running battle has been held up by competition concerns over media plurality and broadcasting standards in Britain.
Amid the delay, US cable giant Comcast has offered more than £22 billion for all of Sky, trumping Fox’s bid on a price-per-share basis.
In a further twist, Disney is hoping to buy Fox for $52.4 billion — a deal that would see British government concerns over Murdoch’s far-reaching media control in Britain fall away.
Awaiting developments in the takeover saga, Sky on Thursday added that its revenue climbed 5.0 percent to £10.14 billion in the first nine months of its 2017-18 financial year that runs to the end of June.
“In media terms, Sky is currently the belle of the ball, attracting overseas suitors aplenty. This update is another vindication of the interest being shown,” noted Richard Hunter, head of markets at Interactive Investor.
Earlier this month, 21st Century Fox proposed selling rolling TV channel Sky News to Disney in order to finally seal control of Sky.
Nearly 18 months ago, 21st Century Fox bid £11.4 billion for the part of Sky it is yet to own.
The Fox bid, pitched at £10.75 per Sky share, is significantly lower than the Comcast offer of £12.50.
But earlier this year, Britain’s Competitions and Markets Authority provisionally ruled that Murdoch’s planned takeover was not in the public interest and that a deal would hand him too much power in swaying public opinion.
Murdoch owns also major British newspaper titles The Times and The Sun.
To counter the regulatory obstacle, 21st Century Fox has proposed to sell Sky News to Disney even if the latter does not buy Fox.
Another option put up by Fox is to ring-fence Sky News.


With Mo Salah’s World Cup dream in doubt, the Arab World erupts in anger

Updated 27 May 2018
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With Mo Salah’s World Cup dream in doubt, the Arab World erupts in anger

  • As Egypt’s Mohammad Salah contemplates watching the World Cup from the sidelines, the social media world has erupted with outrage and support for the footballing superstar
  • Salah suffered the agonizing injury during the Champions League final on Saturday, when Real Madrid defender Sergio Ramos took down the Liverpool attacker in the 31st minute of the match
DUBAI: As Egypt’s Mohammad Salah contemplates watching the World Cup from the sidelines, the social media world has erupted with outrage and support for the footballing superstar who suffered a dislocated shoulder in a tackle that left armchair pundits around the world asking why the referee did not call a foul.

Salah suffered the agonizing injury during the Champions League final on Saturday, when Real Madrid defender Sergio Ramos took down the Liverpool attacker in the 31st minute of the match.

Despite his best efforts to play on, Salah accepted defeat and walked off the pitch, clearly in a lot of pain, crying – while Ramos watched on — Liverpool went on to lose the cup final in a humiliating 3-1 defeat.

Now experts are questioning whether Salah will be able to play in the World Cup, which is just weeks away – sparking tsunami of reaction on social media as fans expressed their anger at Spaniard, Ramos, for what many say was excessive aggression and the referee for not calling a foul.

“Sergio Ramos, deliberately looks to hurt Mo Salah shoulder, you don’t put somebody into a arm lock like that by accident, disgusting,” GeorgeBakhos1 tweeted.







"Curse the ancestry that brought you to life, Ramos you buffalo," Karl Sharro tweeted.


One user even wrote a letter addressed to Ramos on how he “injured not Mo Salah but the hearts of football fans around the world.”



"My blood is burning, Ramos you son of a dog," tweeted IbrahimFayek.


"Your tears are precious to us, God willing it isn't a serious injury and you will raise the trophy. Ramos you son of a dog, I hope you get paralyzed," an angry user tweeted.





Salah’s injury even enlightened Muslims around the world, pushing them to head to the mosque and pray for the Egyptian.


Pictures of the incident went viral, with memes of Ramos flooding twitter and Instagram homepages.








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