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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: DiViT who wrote (39138)3/5/1999 3:37:00 PM
From: John Rieman  Respond to of 50808
 
Canal+BSkyB off. Rupert's a 3 time looser.........................

Murdoch's expansion into Europe squashed

The announcement today that tie-up talks between pay-TV networks BSkyB and Canal Plus have reached a dead end dealt another blow to media magnate Rupert Murdoch's plans to expand his empire in Europe.

Canal Plus' confirmation that negotiations have been suspended marked the third recent failure by the US media baron to seal a quick deal with a European partner.

It came after the French company's head, Pierre Lescure, met Murdoch in Paris yesterday.

The two sides had been unable to agree on conditions by Canal Plus.

more.............................

afr.com.au