IMI gains full control of Sky News Arabia from Sky
Sky has transferred its joint ownership stake in Sky News Arabia, ceding full strategic and operational control of the 24/7 Arabic-language news channel to IMI. This move marks the end of Sky's involvement in the joint venture.
Key Takeaways
- Sky has transferred its joint ownership stake in Sky News Arabia to IMI.
- IMI now has full strategic and operational control of Sky News Arabia.
- Sky News Arabia remains a 24/7 Arabic-language news channel.
- Sky’s involvement in the Sky News Arabia joint venture has ended.
Why It Matters
Sky’s transfer gives IMI sole control of Sky News Arabia immediately, ending the joint-venture structure that had governed the channel. For the streaming and media ecosystem, it is a clean ownership change around a 24/7 Arabic-language news service rather than an operating partnership. The key signal to watch next is whether IMI issues any follow-up on how it will run Sky News Arabia under full strategic and operational control.
Read full article at advanced-television.com
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