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21st Century Fox Expecting Sky Takeover To Be Approved In '18

Approval of 21st Century Fox's proposed takeover of Sky is "likely to come" in the first half of '18, the company said on Wednesday in "a sign it is gearing up for wider review of the merger," according to the BBC. Fox had "hoped to close the deal" in '17 but it has been delayed by regulators. It "follows concerns a deal would give the family of businessman Rupert Murdoch too much control" over U.K. news. Sky and Fox are controlled by Murdoch, who also owns the London Times and the Sun newspapers. Fox is "seeking to buy" the 61% of Sky it does not own. Fox told investors on Wednesday that "setting aside money for the deal remains a priority, noting that the company has already received necessary approvals in Europe." 21st Century Fox CEO James Murdoch said, "We remain confident our transaction will be approved, but more likely in the first half of 2018 than before the end of this calendar year" (BBC, 8/10).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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