Sky Group
Sky Group Limited[4] is a British media and telecommunications conglomerate, which is a subsidiary of the American conglomerate Comcast, and headquartered in Isleworth. It has operations in the United Kingdom, Ireland, Germany, Austria, Switzerland and Italy. Sky is Europe's largest media company and pay-TV broadcaster by revenue (as of 2018),[5] with 23 million subscribers and more than 31,000 employees as of 2019.[2][6] The company is primarily involved in satellite television, producing and broadcasting. The current CEO is Dana Strong.
"Sky (company)" redirects here. For other companies called Sky, see Sky (disambiguation).Sky
LSE: SKY
2 November 1990
Europe
Direct-broadcast satellite, pay television, broadcasting, broadband and telephony services
£14.5 billion (2022)
32,000 (2021)
Comcast (2018–present)
Universal Pictures is founded
NBC is founded
Universal Cartoon Studios (later known as Universal Animation Studios) is founded
MCA Inc. establishes Revue Studios (later Universal Television)
NBC begins first compatible color broadcasts, preceding other networks by nine years
NBC's first peacock logo debuts
American Cable Systems is founded
NBC broadcasts the first Super Bowl
American Cable Systems rebrands to Comcast
Comcast began trading on the New York Stock Exchange (NYSE)
Universal releases Jaws
PolyGram renames Casablanca Record & Filmworks to PolyGram Pictures
Universal releases E.T. The Extra Terrestrial
Walter Lantz Productions is sold to Universal
Universal releases Back to the Future
General Electric buys RCA for $6.4 billion, including NBC and a stake in A&E
NBC relaunches Tempo Television as CNBC
Universal Studios Florida opens
Law & Order premieres on NBC
Sky Television and British Satellite Broadcasting merge to form British Sky Broadcasting
Universal Cartoon Studios (later Universal Animation Studios) is established
Universal releases Jurassic Park
DreamWorks Animation is founded
Barry Diller purchases Universal's domestic television assets
Seagram acquires PolyGram Filmed Entertainment
Universal Television is renamed Studios USA Television
PolyGram Filmed Entertainment is folded into Universal Pictures
Universal Studios Florida expands to become Universal Orlando Resort
Law & Order: Special Victims Unit premieres on NBC
Grand opening of Universal Studios Japan
Universal releases The Fast and the Furious
Vivendi purchases Studios USA
NBC acquires Telemundo and Bravo
Studios USA assets are folded into Universal
Focus Features is formed
Comcast acquires AT&T Broadband for $44.5 billion
Universal becomes the first studio with five summer releases breaking the $100 million mark
GE and Vivendi merge NBC and Universal into NBCUniversal
The Office premieres on NBC
Comcast sets up a joint-venture with PBS, Sesame Workshop & HIT Entertainment to form PBS Kids Sprout
Comcast & Time Warner Cable jointly acquire Adelphia Cable assets for $17.6 billion
USA Network begins 13-year streak as #1 cable network in total viewers
Illumination is founded
Universal releases Illumination's first film Despicable Me
Vivendi divested in NBCU; Comcast buys 51% of NBCU from GE, turning it into a limited liability company
NBCUniversal Archives is founded
Universal celebrates its 100th anniversary
NBCUniversal divests its A&E Networks minority stake
Comcast buys GE's remaining 49% of NBCU
Comcast/NBCU assumes full ownership of Sprout
Comcast attempts to acquire Time Warner Cable for $45.2 billion
NBCUniversal reaches a new long-term deal with WWE
NBCU acquires DreamWorks Animation
Sprout relaunches as Universal Kids
Comcast acquires Sky after a heated bidding war with 21st Century Fox
FBI premieres on CBS
NBCU acquires Cineo Lighting
NBCU launches Peacock
Grand opening of Universal Beijing Resort
The Super Mario Bros. Movie becomes Illumination's highest-grossing film
Initially formed in 1990 by the equal merger of Sky Television and British Satellite Broadcasting, BSkyB became the UK's largest digital pay television company.[7] In 2014, after completing the acquisition of Sky Italia and Sky Deutschland, the merged company changed its name to Sky plc.[8]
Prior to November 2018, Rupert Murdoch's 21st Century Fox owned a 39.14% controlling stake in the company;[9] on 9 December 2016, following a previous attempt under News Corporation that was affected by the News International phone hacking scandal, 21st Century Fox announced that it had agreed to buy the remainder of Sky, pending government approval. However, after a bidding war that included the Walt Disney Company (which was, in turn, acquiring most of 21st Century Fox's assets), US media and telecoms conglomerate Comcast acquired the entirety of Sky in 2018 for £17.28 per share. NBCUniversal, which is Sky Group's sister company, is also a subsidiary of Comcast.
Before the acquisition by Comcast, Sky was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index and had a market capitalisation of approximately £18.75 billion (€26.76 billion) as of 2018.[10]
