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And Sky’s ownership of sports broadcasting rights, notably those for the English Premier League, is especially attractive. Sky has the ability to create content and distribute it through satellite and online video services, a model that American media and telecommunications companies hope to to copy. This would help either Disney or Comcast compete against the streaming services of technology giants like Netflix and Amazon that have upended the media landscape. Keeping up with Silicon Valley’s video ambitions has been a priority for traditional media companies, which have largely decided to compete by opening their wallets to make acquisitions. Comcast said in a statement that it “has long admired Sky and believes it is an outstanding company and a great fit.” Earlier in the day, Fox said in its statement, “This transformative transaction will position Sky so that it can continue to compete within an environment that now includes some of the largest companies in the world, but none of whom have demonstrated the same local depth of investment and commitment to the U.K. and to Europe.” Mr. Murdoch has long believed in the value of Sky. He tried to acquire total control of the broadcaster in 2010, but was forced to withdraw amid public fury over a phone-hacking scandal involving his British tabloids. He mounted his latest push in 2016. The effort has been weighed down by British regulators’ concerns that the Murdoch family already exerts too much control over the country’s media.
For the original version including any supplementary images or video, visit https://www.nytimes.com/2018/07/11/business/dealbook/fox-sky-bid.html
(For a graphic showing Yemen’s war, click tmsnrt.rs/2JWQeyv ) In the port of Khokha on the western coast, coalition forces have set up more than 300 tents to house the displaced. Women gather palm leaves to carve out some privacy for their families while children play outside under the scorching sun. “The assistance we are receiving is not enough. We have elderly people with us, there are people who have special needs but treatment is not available” said Ali. “We had no choice but to leave our homes and we hope the war ends so we can return.” World Health Organization spokesman Tarik Jasarevic told a U.N. briefing in Geneva on Tuesday that in addition to concerns about cholera and diphtheria, Hodeidah governorate has one of the highest malnutrition rates in the country. The Western-backed coalition intervened in Yemen’s civil war in 2015 to unseat the Houthis, who hold the most populated areas of Yemen, and restore the exiled government of President Abd-Rabbu Mansour Hadi, which has a presence in Aden. The coalition, led by Saudi Arabia and the United Arab Emirates, has pledged a swift operation to seize Hodeidah’s air and sea ports without entering the city center in an attempt to cut off the Houthi’s main supply line and force the movement to the negotiating table. The alliance has made little progress in the offensive and has announced a halt to military operations to give a chance for U.N. efforts to resume peace talks between the warring sides. The foreign minister of Hadi’s government submitted a letter to U.N. Secretary General Antonia Guterres on Wednesday, a copy of which was seen by Reuters, to ask the world body to condemn Houthi actions in Hodeidah.
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Before he was killed in June, the 20-year-old rapper and singer made a $10 million deal for his third album.CreditScott McIntyre for The New York Times A few weeks before he was shot and killed last month , the 20-year-old rapper XXXTentacion was on the phone with the record executive who had taken the first chance on him, hammering out a contract for his much-anticipated next release. Since barreling into the mainstream last year, XXXTentacion had become one of rap’s biggest and most controversial new stars, with a No. 1 album and a fervent congregation of young fans. At the same time, disturbing allegations of abuse had made him a potentially toxic business partner, especially after Spotify briefly banned his music from its playlists under a short-lived “hateful conduct” policy. Yet even with the Spotify scandal still dampening his business, XXXTentacion signed a new agreement with Empire, an independent music company that last summer had released his first album, “17.” The latest deal, for XXXTentacion’s third official release, was worth about $10 million, according to three people briefed on the terms — a rich sum for a young artist, but also only the latest sign of a heated market for online rap stars . Ghazi Shami, the founder of Empire, said that XXXTentacion — a prolific creator who started his career posting tracks by the dozen to the streaming site SoundCloud — had finished “a significant amount of material” for the new record, but there were no firm plans for its release. (Mr. Shami declined to comment on the size of the deal.) [ Never miss a pop music story: Sign up for our weekly newsletter, Louder. ] Because of a clause in XXXTentacion’s last record contract, with a distribution unit of the giant Universal Music Group, the record may not be released until at least October, despite typical industry pressure to strike while the late rapper’s name is still in headlines.
For the original version including any supplementary images or video, visit https://www.nytimes.com/2018/07/08/arts/music/xxxtentacion-death-album.html