Original article by Darren Davidson
The Australian – Page: 21 : 2-Dec-16

News Corp Australia is believed to have paid about $A20m for Australian News Channel, which owns Sky News. The media giant has been in talks with ACN owners Seven West Media, Nine Entertainment Company and Sky plc since 2015. News Corp Australia executive chairman Michael Miller says the deal brings together two of the nation’s "strongest and most credentialed" providers of news media. He has flagged increased investment in content and quality journalism at Sky.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SKY NEWS, AUSTRALIAN NEWS CHANNEL PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SKY PLC, FOXTEL MANAGEMENT PTY LTD, 21ST CENTURY FOX INCORPORATED