Who Owns Sky?
The US "Fox" networks and the British "Sky" networks are sister networks, but what exactly does that mean?
Sky is a service of BSkyB, also knows as "British Sky Broadcasting". As of 30 November 2002, BSkyB Holdco, Inc. owned 35.4% of BSkyB.
As of 26 April 2002, BSkyB Holdco Inc. was 100% owned by Sky Global Operations, Inc., which was majority owned by Sky Global Networks, Inc., which was majority owned by Sky Global Holdings, Inc., which was majority owned by News International Plc, which was majority owned by Newscorp Investments Limited, which was 100% owned by News Corporation Limited.
| Company | Minumum Ownership by next layer | Maximum Ownership by next layer |
| BSkyB | .354 | .354 |
| BSkyB Holdco Inc | 1 | 1 |
| SKy Global Operations, Inc. | .5 | 1 |
| Sky Global Networks, Inc. | .5 | 1 |
| Sky Global Holdings, Inc. | .5 | 1 |
| News International Plc | .5 | 1 |
| Newscorp Investments Limited | 1 | 1 |
| News Corporation Limited | ||
So, News Corporation Limited owns somewhere between 2.2% and 35.4% of BSkyB.
Fox News is actually "FOX News Network, LLC". In the absence of better information (pointers, anyone?), I'll assume that FOX News Network LLC is 100% owned by Fox Entertainment Group, Inc., which in turn is 80.6% owned by News Corporation.
See, sisters! They share between 1.7% and 28.53% ownership! Assuming, of course, they don't have any non-News Corporation Limited owners in common, and that FOX News Network LLC is 100% owned by Fox Entertinament Group.
Of course, the simple answer is that Rupurt Murdoch controls them all.
2003-03-21 08:27:00 | Comments (0) | TrackBack (0) | CopyrightCartel::TV
