Sky Limited | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-02

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Sky_(company)


00:02:05 1 History
00:02:14 1.1 Foundation
00:06:01 1.2 Premier League football
00:08:38 1.3 Flotation
00:10:09 1.4 Launch of Sky Digital
00:12:22 1.5 Amstrad takeover
00:12:46 1.6 Virgin Media Television acquisition
00:14:15 1.7 Attempted takeover by News Corporation
00:15:46 1.8 European acquisitions
00:17:30 1.9 Takeover by Comcast
00:25:30 2 Management
00:26:57 3 Financial performance
00:27:11 4 Current operations
00:27:21 4.1 Subsidiaries
00:27:30 4.2 Ventures
00:27:39 4.3 Partnerships
00:27:48 5 Former operations
00:27:59 5.1 Subsidiaries
00:28:08 5.2 Ventures
00:28:17 5.3 Stake in ITV
00:29:44 6 See also



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SUMMARY
=======
Sky is a pan-European media and telecommunications conglomerate. Headquartered in London, it has operations in the United Kingdom, Ireland, Germany, Austria, Switzerland, Italy and Spain. Sky is Europe's largest media company and pay-TV broadcaster by revenue (as of  2018), with 23 million subscribers and more than 31,000 employees as of 2019. The company is primarily involved in satellite television and broadband services.Initially formed in 1990 by the equal merger of Sky Television and British Satellite Broadcasting, BSkyB became the UK's largest digital pay television company. In 2014, after completing the acquisition of Sky Italia and Sky Deutschland, the merged company changed its name to Sky plc.Prior to 2018, Rupert Murdoch's 21st Century Fox owned a 39.14% controlling stake in the company; on 9 December 2016, following a previous attempt under News Corporation that was affected by the News International phone hacking scandal, 21st Century Fox announced that it had agreed to buy the remainder of Sky, pending government approval. However, after a bidding war that included The Walt Disney Company (which was, in turn, acquiring most of 21st Century Fox), U.S. media and telecoms conglomerate Comcast acquired the entirety of Sky in 2018 for £17.28 per-share. 
Prior to the acquisition, Sky was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index and had a market capitalisation of approximately £18.75 billion (€26.76 billion) as of 2018.