James Murdoch, CEO of Fox, has said that he wants to take control of Sky’s European business, which recently merged into a single platform (BSkyB Completes Sky Acquisitions).
Fox owns 39% of the combined business. Murdoch told The Hollywood Reporter, “[H]aving 40 percent of an unconsolidated asset is not an end state that is natural for us”. However, he also said that he is in no rush to raise that past 50%.
