2018-09-27 | By newsstory | 172 Hits

Rupert Murdoch is officially walking away from Sky Plc the satellite broadcaster he helped build over three decades marking the end of an era for both the billionaire and UK mediaAccording to phillycom 21st Century Fox Inc which Murdoch controls agreed to sell its 39 percent stake in Sky to Comcast Corp after an intense bidding war that lasted months Comcast was already poised to acquire the remaining 61 percent of the company but it wasnt clear until Wednesday that Murdoch would capitulate and sell the remainder as wellThe move lets >>READ MORE