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British Sky Broadcasting Group plc is a British satellite broadcasting, broadband and telephone services company headquartered in London, with operations in the UK and Republic of Ireland. Formed in 1990 by the equal merger of Sky Television and British Satellite Broadcasting, BSkyB is the largest pay-TV broadcaster in Britain and Ireland with over 10 million subscribers. BSkyB is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £11.47 billion as of 20 June 2012 on the London Stock Exchange. News Corporation owns a 39.14 per cent controlling stake in the company. (via Freebase)