Ofcom to investigate Sky and 21st Century Fox merger

The UK's media regulator will investigate a proposed merger worth £11.7 billion ($14.6 billion) between 21st Century Fox and Sky. Speaking in the House of Commons, Karen Bradley, the Secretary of State for Culture, Media and Sport, said she had...

Sky receives takeover bid from 21st Century Fox

21st Century Fox is in advanced talks to buy Sky, a major telecoms player and the biggest pay-TV provider in the UK. Negotiations are underway and the directors of both companies have reached an "agreement" of £10.75 per share. As Bloomberg rep...

Hulu off the market: Fox, Disney and NBC to maintain ownership

Hulu off the market

Well, we've been waiting to hear who would wind up purchasing the struggling Hulu, and now we know -- nobody! Instead the service will see an infusion of cash totaling $750 million from its current owners. Hulu has actively courted new owners on multiple occasions, and it seemed as if this time a deal was imminent. Both Yahoo and DirecTV were in the running allegedly but, for whatever reason, Fox, NBC and Disney found their offers lacking. It's unclear right now whether the issue was over asking price or future plans for the service, but the cabal behind Hulu will instead sink more money into the property to try and grow its subscriber base further. This is turning into something of a habit for the uneasy partnership, one that is quickly turning Hulu into the boy who cried wolf. The official press release awaits, after the break.

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