FTSE up slightly

Broadcaster BSkyB was centre of attention on the London market today after a better-than-feared verdict from regulator Ofcom over the amount it can charge rivals for premium sports.

FTSE up slightly
Wed, 31 Mar, 2010 - 19:05

Broadcaster BSkyB was centre of attention on the London market today after a better-than-feared verdict from regulator Ofcom over the amount it can charge rivals for premium sports.

Investors breathed a sigh of relief as Ofcom's ruling did not include movies content, even though it said BSkyB must cut wholesale prices for Premier League coverage.

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CourtsBusinessFTSEPlace: LondonPlace: USPlace: Wall StreetPlace: UKPlace: United StatesEvent: Premier LeagueOrganisation: FTSEOrganisation: BSkyBOrganisation: OfcomOrganisation: FootsieOrganisation: SegroOrganisation: GartmoreOrganisation: FirstGroupOrganisation: Enterprise InnsOrganisation: Northern FoodsOrganisation: FoxOrganisation: GoodfellaOrganisation: HornbyOrganisation: Lloyds Banking GroupOrganisation: Randgold ResourcesOrganisation: Cable & Wireless WorldwideOrganisation: PetrofacOrganisation: KingfisherOrganisation: ADP
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