LONDON, March 19 (Reuters) - News Corp deputy chairman Chase Carey is being lined up to take the helm at Germany's only pay TV broadcaster Sky Deutschland, the Financial Times reported in its Friday edition.
Citing two people familiar with the plans, the FT said NewsCorp, which holds a 45.42 percent stake in Sky Deutschland, favoured Carey as the candidate for the role of chairman at the company, when Markus Tellenbach steps down.
No one at Sky Deutschland could immediately be reached for comment, but the FT said NewsCorp had confirmed Carey as a candidate to join the company's board.
Sky News has struggled to attract more subscribers despite launching a huge marketing campaign last year, and has seen its quarterly loss widen to 81.6 million euros compared with a core loss of 44.5 million euros a year ago.
(Reporting by Caroline Copley; Editing by Anshuman Daga) Keywords: SKY DEUTSCHLAND/ (caroline.copley@thomsonreuters.com; +44 20 7542 7717) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Citing two people familiar with the plans, the FT said NewsCorp, which holds a 45.42 percent stake in Sky Deutschland, favoured Carey as the candidate for the role of chairman at the company, when Markus Tellenbach steps down.
No one at Sky Deutschland could immediately be reached for comment, but the FT said NewsCorp had confirmed Carey as a candidate to join the company's board.
Sky News has struggled to attract more subscribers despite launching a huge marketing campaign last year, and has seen its quarterly loss widen to 81.6 million euros compared with a core loss of 44.5 million euros a year ago.
(Reporting by Caroline Copley; Editing by Anshuman Daga) Keywords: SKY DEUTSCHLAND/ (caroline.copley@thomsonreuters.com; +44 20 7542 7717) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.