21st Century Fox Stops Broadcasting Fox News Channel In U.K.

(RTTNews) - 21st Century Fox Inc. (FOX, FOXA) said that it stopped broadcasting its Fox News Channel in the U.K., amid the media conglomerate's $15 billion bid to buy the 61% of British pay-TV giant Sky PLC that Fox doesn't already own.

Fox said it was a business decision to withdraw Fox News.

"We have concluded that it is not in our commercial interest to continue providing Fox News in the U.K. Fox News is focused on the U.S. market and designed for a U.S. audience and, accordingly, it averages only a few thousand viewers across the day in the U.K," 21st Century Fox said.