News Corp has taken its holding in the German pay-TV platform Premiere to 25.01%, the media giant has announced.
In April the News Corp holding in Premiere reached 22.7% The company has progressively increased its holding since January when it paid €287 million for a 14.58 % stake previously held by Unitymedia.
News Corp executives Mark Williams and Tom Mockridge are due to be appointed to Premiere’s supervisory board at a general assembly on June 12.