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Bskyb Share News (BSY)



Share News for Bskyb (BSY)


Share Price: 806.50Bid: 806.00Ask: 807.00Change: 13.00 (+1.64%)Riser - Bskyb
Spread: 1.00Spread as %: 0.12%Open: 792.00High: 809.50Low: 792.00Yesterday’s Close: 793.50




BSkyB loses appeal on sports channel prices

Wed, 8th Aug 2012 17:03

LONDON, Aug 8 (Reuters) - British satellite broadcaster BSkyB lost a long-standing dispute ove
r the price it can charge rivals for its sports content after the UK's Competition Appeal Tribunal ruled against the company on Wednesday.

Media regulator Ofcom in March 2010 ordered BSkyB to reduce the amount charged to competitors, such as Virgin Media and BT for its two most important SkySports channels in a move designed to increase market competition.

The price of a single channel was reduced by 23 percent to 10.63 pounds ($16.64) a month, and for both channels by 10.5 percent to 17.14 pounds.



(Reporting by Karolin Schaps; editing by Rhys Jones) Keywords: BSKYB/URGENT

(r.jones@thomsonreuters.com; 44 (20) 7 542 4166; Reuters Messaging: rhysl.jones.thomsonreuters.com@reuters.net)

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