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Telepiu soon to be "Sky Italia"

rolfw

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Press Here for Original Media Guardian Article

Rupert Murdoch's News Corporation is relaunching his bid to control pay TV on the continent after announcing he will buy an Italian pay TV company, Telepiu

He told a New York conference today he had agreed to buy the loss-making firm from the beleaguered Vivendi Universal for £565m, reigniting the media tycoon's dream of dominating the European pay TV landscape.

This is a world class property in an untapped market without cable competition. We would expect to see immediate subscriber growth, the elimination of piracy, and compelling programming," Mr Murdoch told a Goldman Sachs conference.