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Murdoch empire makes Sky deal

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By Euronews
Murdoch empire makes Sky deal

<p>Rupert Murdoch’s Twenty-First Century Fox is buying European pay-TV firm Sky, which has nearly 22 million viewers in Britain, Ireland, Italy, Germany and Austria. </p> <p>The deal unites a media empire across two continents.</p> <p>Murdoch – who has dominated Britain’s media and political landscape for decades – is paying 11.7 billion pounds (13.96 billion euros) for the 61 percent of Sky that Fox does not already own.</p> <p>It is his second go at taking control. </p> <p>An attempt in 2011 had to be abandoned amid the phone hacking scandal that brought down his News of the World tabloid.</p> <p>Government regulators will have to approve the deal.</p>