Luminari Capital

Luminari Capital

Sky has agreed to invest $8m in Luminari Capital, a venture capital fund focusing on technology and media startup companies that operate within the theme of innovation in video. Through this investment Sky will increase its exposure to relevant startup companies that it may choose to partner with in the future.

Luminari Capital is being formed by Daniel Leff, formerly of Globespan Capital Partners and current board member of Roku Inc. Sky's funding obligation is contingent upon the further fund raising activities of Luminari Capital over the coming 12 months.

Notes:

1) References to Luminari Capital are to Luminari Capital L.P.

2) Gross assets subject to this transaction are $8m

3) Profits attributable to the assets subject to this transaction were $nil

Contacts:

Investor Relations

Ed Steel

Head of Investor Relations

020 7032 2093

[email protected] 

Corporate Communications

Stephen Gaynor

Head of Communications

020 7032 3446 

[email protected]