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Sky Italia S.r.l. is an Italian satellite television platform owned by the American media conglomerate Comcast. Sky Italia also broadcasts three national free-to-air television channels: TV8 (Italy), TV8, Cielo (TV channel), Cielo, and Sky TG24. Pay television, Pay TV services on the Sky Italia satellite platform are broadcast on the Hot Bird satellites at 13.0°E and are encrypted in Cisco Videoscape, NDS VideoGuard. History Sky Italia was founded on 31 July 2003 by the merger of TELE+ and Stream TV. On 28 June 2010, Sky Italia changed its brands and logos, making them identical to the BSkyB ones. On 1 October 2010, Sky activated its first 3D television, 3D channel, Sky Sport 3D, available without any extra cost to the Sport pack subscribers. The very first event Sky Sport 3D aired was the 2010 Ryder Cup. On 25 December 2010, Sky launched another 3D channel: Sky Cinema 3D, airing 3D movies, available for free for Cinema pack subscribers. These channels were replaced by Sky ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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