News Corp takes majority in German pay TV

BERLIN Jan 14 AP - A wholly owned subsidiary of Rupert Murdoch's News Corp has taken a majority stake in German pay-TV Sky Deutschland.

The Munich-based channel said in a statement on Monday News Adelaide has increased its holding in Sky Deutschland to 54.5 per cent for 347.4 million euros ($A443.76 million).

Sky Deutschland says News Corp has also agreed to guarantee a 300 million euro bank loan and the channel's licence fee payments to the German Football League for the Bundesliga seasons through 2016/2017.

Some 3,363,000 customers paid for Sky Deutschland's subscription service last year.

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