“The combination creates a global leader in content creation and consumer experience. It provides enhanced scale and diversification of revenue streams. It is also consistent with our focus on premium upstream programming and consumer experience. Simply put, the combined company will be a global creative and consumer powerhouse.”
Creates a direct-to-consumer powerhouse advancing content generation and leading direct to consumer capabilities and technologies
Approximate direct-to-consumer relationships (across traditional and OTT platforms)
Approximate combined revenue based on FY 2016 data for both companies (Reflects exchange rate of 1 GBP = 1.270 USD preceding the announcement of the transaction. Includes estimated impact of corporate revenue eliminations.)
Approximate combined investment in original production in the UK last year
Sky / 21st Century Fox Relationship
As the founding shareholder in Sky, 21CF has supported Sky’s growth and transformation since 1990 through a changing media landscape to become a pan-European business with the contribution of our assets in Sky Deutschland and Sky Italia.
Sky now has a leading position in entertainment and sport, and world-class direct-to-consumer capabilities and content that have made it the number one pay-TV provider in all its markets.
Our industry continues to undergo rapid change, and against this backdrop we believe that the transaction offers compelling future opportunities for the combined business, for employees across the globe in both 21st Century Fox and Sky, and for both the current and future customers of the combined group.