Comcast takes majority control of broadcaster Sky

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Sky chairman James Murdoch has resigned from the broadcaster as US cable giant Comcast took control of the British firm&period;<&sol;p>&NewLine;<p>Comcast said on Tuesday that it has acquired more than 75&percnt; of Sky after snapping up the 39&percnt; stake that belonged to Rupert Murdoch’s 21st Century Fox&period;<&sol;p>&NewLine;<p>Alongside the announcement&comma; James Murdoch and a string of other Sky directors resigned from the firm&period;<&sol;p>&NewLine;<p>They include John Nallen&comma; Chase Carey&comma; Martin Gilbert&comma; Andy Sukawaty&comma; Tracy Clarke and Katrin Wehr-Seiter&period;<&sol;p>&NewLine;<p>Comcast boss Brian Roberts said&colon; <em>&OpenCurlyDoubleQuote;We are pleased today to be the majority owner of Sky&period;<&sol;em><&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;Led by Jeremy Darroch and his superb team&comma; now together with Comcast&comma; our combined global leadership in technology and content paves the way for us to accelerate investment and growth in Sky’s brand and premier platforms&period;<&sol;em><&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;We are also fully committed to ensuring Sky News’ future&comma; maintaining its editorial independence&comma; and preserving its strong track record for trusted&comma; high quality&comma; impartial news&period;”<&sol;em><&sol;p>&NewLine;<p>Comcast emerged victorious in the takeover for the pay TV giant last month after beating 21st Century Fox&comma; controlled by the Murdoch family&comma; in a long running takeover battle&period;<&sol;p>&NewLine;<p>The group tabled a £30 billion bid for Sky&comma; dwarfing Fox’s bid by a distance&period;<&sol;p>&NewLine;<p>It means the Murdochs have relinquished their holding in Sky&comma; having twice failed to take full control of the broadcaster&period;<&sol;p>&NewLine;<p>Sky boss Jeremy Darroch said&colon; <em>&OpenCurlyDoubleQuote;Comcast have committed to investment in Sky&comma; including our Osterley and European headquarters and we very much look forward to working with Brian and the Comcast team to achieve further growth and development of Sky’s business&period;<&sol;em><&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;Separately&comma; Sky News will benefit greatly from Comcast’s funding commitments over the coming years and the arrangements that will be put in place to preserve and enhance its editorial independence&period;”<&sol;em><&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed52308d636">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ed52308d636'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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