Tuesday, June 15, 2010

Updates to Morning Brief: BSkyB sets their price; magazine iPad apps from Luxembourg

A couple quick updates to this morning briefs:

BSkyB has named their price, according to the Telegraph. Rupert Murdoch's News Corp. had placed a bid to take majority control of the British satellite television service, bidding 675p a share with its initial bid, raising it to 700p shortly thereafter.

Now the company has issued a statement signed by Nicholas Ferguson, Senior Independent Non-Executive Director, among others, stating that 800p is more like it.

"The Independent Directors, who have been so advised by Morgan Stanley and UBS Investment Bank, have indicated to News Corporation that, based on facts and circumstances today, they would have been prepared to support a proposal if, upon satisfaction of the regulatory pre-conditions, it would deliver value in excess of 800 pence per share," the statement states.

So now Murdoch has his price, will he close the deal?

Bruno Pinto, the developer of the iPad apps for New Media Lux SA contacted me via IM to let me know about their three magazine apps and to give me an update. Pinto said that the apps will evolve over time, adding interactivity, confirming this is just their initial efforts at the medium.

Pinto, who is an independent developer, will also help make the other New Media Lux apps currently available for the iPhone universal, as well.

Looks like Slovakia will beat New Zealand this morning. Unbelievable ending to the match as Winston Reid heads a beautiful volley into the goal at the very end of stoppage time to give the Kiwis a draw.