Twenty-First Century Fox 2007 Annual Report Download - page 26

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DIRECTV
s During fiscal 2007, News Corporation agreed with Liberty Media to swap
News Corporation’s approximately 39 percent interest in DIRECTV, three
of News Corporation’s regional sports networks and $588 million in cash
(subject to adjustment) for all the shares in News Corporation held by Liberty.
The swap is expected to be completed by the end of calendar 2007.
FOXTEL
s FOXTEL is Australia’s leading subscription television provider and its
distribution network went entirely digital in fiscal 2007.
BSkyB
s News Corporation holds approximately 39 percent of BSkyB in the
U.K. Last year, BSkyB introduced innovative products that drove record
customer demand, including Sky+, an integrated digital video recorder
that is now in more than 2 million homes.
s Direct-to-home customers increased 406,000 to more than 8.5 million
subscribers.
s BSkyB became a national player in broadband Internet and telephony
with the launch of its Sky Broadband product, which attracted more than
700,000 customers in less than a year. More than a third of all subscribers
selected more than one product.
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