Murdoch's try at German pay-TV market ends

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LONDON -- BSkyB, Rupert Murdoch's U.K. satellite-TV venture, and German media company Kirch Gruppe announced on March 7 that they have mutually agreed to terminate their planned Germany pay-TV venture DF1. In a four-line statement BSkyB said the digital satellite TV venture broke down due to a "failure to agree a number of fundamental issues."

Last summer BSkyB announced its intention to take a 49% stake in DF1, which is about to launch in Europe's largest TV market. The deal was complicated by BSkyB's wishes to be a player in the German pay-TV film channel Premiere, which Kirch owns along with German media giant Bertelsmann and France's Canal Plus.

Copyright March 1997, Crain Communications Inc.

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