Friday, June 27, 2008

NWS is considering bidding for Germany's Premier AG and Spain's Digital+ says the WSJ.

The two satellite broadcasters together would likely cost more than €4B. The deal could represent a significant shift in Europe for News Corp, which lost more than €2B in Germany earlier this decade on its investment in Kirch Group, a media company and pay-TV provider that went bankrupt. [Wall Street Journal]

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