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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 reports, the deal values Sky at £18.5 billion ($23.2 billion). Fox already owns 39 percent of Sky, and media mogul Rupert Murdoch has tried to buy the remaining slice before. A takeover in 2010 was eventually abandoned, however, after News Corporation (now known as 21st Century Fox) was embroiled in a huge phone hacking scandal.
The Times UK offers digital newspaper subscriptions with subsidized Nexus 7
While News Corporation's big tablet newspaper experiment, The Daily, may have ended with a whimper, it's not stopping the global media company trying new strategies to pick up more (paying) digital readers. The Times, one of the only UK national papers to keep its content firmly behind a paywall, has decided to offer a discounted Google Nexus 7 tablet alongside its digital subscriptions. Knocking £149 from the original £199 price of the 32GB Nexus 7, the device will arrive accompanied by an 18-month subscription with access to the full site and its mobile apps, costing £18 per month, discounted to just shy of £300 in total if you're willing to pay it all upfront. However, it's not the first time we've seen a news organization fold in a gadget incentive for new subscribers -- Barnes and Noble offered discounted Nooks alongside one-year subscriptions to The New York Times at the start of the year. UK readers can check out the deal at the source below.
