Sky Share News (SKY)

Sky invests £1m in Drone Racing League

(ShareCast News) - Sky has invested £1m in the Drone Racing League, which includes a distribution deal to show the league on one of its channels from October. Sky Sports will show live events and broadcast content to the UK and Ireland airing 10 one-hour episodes of the league's season, which covers

Sky's Love Productions rejects BBC to sell 'Bake Off' to Channel 4

(ShareCast News) - Love Productions, a television producer 70%-owned by Sky, has secured a much improved rights deal for its hugely successful The Great British Bake Off programme with Channel 4 after negotiations broke down with the BBC. Love Productions is understood to have agreed a three-year de

Thursday broker round-up

(ShareCast News) - Tesco: JP Morgan reiterates underweight with a target price of 135p. G4S: Jefferies maintains underperform with a 160p target. Severn Trent: UBS keeps at neutral with a 2310p target. ITV: JP Morgan reiterates overweight with a 233p target. Babcock: Goldman Sachs keeps at buy wi

Sky invests EUR4m in France's Molotov

(ShareCast News) - Sky has invested €4m in French over-the-top video platform Molotov as part of a larger financing round. Sky said the move was the latest in a series of investments in innovative start-up companies. Founded in 2014, Molotov distributes free and pay TV channels and content to consu

The time is right for a Fox take-over of Sky, Macquarie says

(ShareCast News) - The time was ripe for Fox to pick-up the 61% of Sky which it did not already own, following the 32% year-to-date share price drop in the shares of latter is US dollar terms, analysts at Macquarie said. For Sky, a deal would help it to consolidate its content offering via Fox´s fin

PRESS: Sky Planning Streaming Service Launch For Spain - The Telegraph

Sky and Channel 4 back British online TV rights tool TRX

(ShareCast News) - Sky and Channel 4 have both invested in The RightsXchange (TRX), a new online deal-making tool that enables TV rights buyers and sellers from around the world to complete licensing deals entirely online. TRX offers the like of Sky and other producers, such as ITV or Entertainment

Wednesday round-up

(ShareCast News) - Laird: UBS upgrades to buy with a target price of 350p. Direct Line Group: Deutsche Bank maintains buy with a 435p target. Associated British Foods: Exane BNP Paribas reiterates outperform with a 3300p target. Sky: Goldman Sachs reiterates buy with a target price of 1029p. Fres

Monday broker round-up

(ShareCast News) - Thomas Cook: Berenberg reiterates hol d with a target price of 60p. Diageo: JP Morgan maintains overweight with a 2400p target. Indivior: Jefferies reiterates buy with a 330p target. Anglo American: HSBC stays at hold with a 930p target. Just Eat: UBS keeps at sell with a targ

EXTRA: Sky Shares Rise As It Beats Earnings And Revenue Expectations

WINNERS & LOSERS SUMMARY: Rolls-Royce Up On "Strong" Underlying Beat

LONDON MARKET OPEN: Rolls Royce Up, Shell Down Amid Raft Of Reporting

Sky revenue and earnings ahead as customer numbers grow

(ShareCast News) - Subscription broadcaster Sky posted results for the year to 30 June on Thursday morning, reporting a 7% increase in revenue to £11.965bn, with adjusted operating profit up 12% to £1.558bn. The FTSE 100 firm said adjusted earnings per share rose 13% during the period to 63.1p, and

UPDATE: BT To Form Independent Openreach Board In Response To Ofcom

BROKER RATINGS SUMMARY: RBC Upgrades G4S But Barclays Downgrades It