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Sky enters strategic Partnership with zeebox

9th Jan 2012 09:39

RNS Number : 2081V
British Sky Broadcasting Group PLC
09 January 2012
 



 

9 January 2011

Sky Customers to Enjoy Ground Breaking 'Augmented TV' Through zeebox Partnership

 

British Sky Broadcasting Group PLC

 

British Sky Broadcasting Limited (Sky) and zeebox Limited (zeebox) today announced the entering of a commercial deal and Sky's acquisition of a minority equity stake in zeebox.

 

As part of the deal, Sky has entered into a shareholders agreement with zeebox and its existing shareholders pursuant to which it acquired a 10% stake in the capital of zeebox. zeebox remains an independent company.

 

Gross assets of zeebox subject to this transaction were £0.2 million.

 

END

Analysts/Investors:

 

Francesca Pierce

Tel: 020 7032 3337

 

E-mail: [email protected]

 

Press:

 

Stephen Gaynor

Tel: 020 7705 3000

 

E-mail: [email protected] 

 

About Sky

 

Sky entertains and excites more than 10.3 million homes through the most comprehensive multichannel, multi-platform television service in the UK and Ireland. Sky continues to break new ground with its own portfolio of channels: Sky 1 combines its commitment to UK production with the best of the US; Sky Living pushes ahead with fresh and innovative entertainment formats; Sky Arts is the UK's only dedicated arts channel brand; Sky Atlantic is the home to HBO and other iconic drama and comedy, Sky Sports is still raising the bar in sports broadcasting; Sky News remains a pioneer in television news; and Sky Movies is leading the way in High Definition and on-demand.

 

Sky also works with dozens of other broadcasters on the satellite platform, as well as online and on mobile through the ground-breaking Sky Go service. Sky has also led the UK into the age of high definition television, launched Europe's first 3DTV channel, Sky 3D, and offers customer even more flexibility and choice through Sky Anytime+, its internet-delivered video on demand service. Since launching Sky Broadband and Sky Talk in 2006, the company has also been the UK's fastest-growing home communications provider.

 

Sky believes in making a wider contribution to the communities in which it operates, not least by increasing participation in, and access to, the arts, supporting grassroots sports, and taking positive action on the environment.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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