British Sky has acquired Sky Italia and secured a controlling stake in Sky Deutchland to become what it calls "Europe's largest entertainment company."

"We have always believed that a combination of the European Skys would create enormous benefits for the combined business and for our shareholders," said James Murdoch.

The new company has a customer base of 20 million across the UK, Ireland, Italy, Germany and Austria.


Full story at: [Digital Spy]

Also: [Financial Times]

And: [Pocket Lint]