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In the early days the channel operated on a £40 million budget (plus £10 million share of overheads), which led Sam Chisholm, chief executive of the newly merged BSky B to suggest to Murdoch that the station to be closed, but Rupert was "pleased with its achievements ...

there were overriding reasons of prestige and politics for keeping it ...

The channel has never been run for a profit, On the channel's growth, Murdoch said at that time: "Sky News, has quietly, if expensively, become the first building block of what we envision will become the premier worldwide electronic news-gathering network anywhere.

Ask anyone in Europe, and particularly the BBC and you will be told that Sky News has added a new and better dimension to television journalism." Sky News was the UK's first 24-hour news channel, broadcast on Astra 1A.

Further changes were made to the Sky News schedule on 8 September 2008, with Colin Brazier presenting a new show from 1 pm – 2 pm, The Live Desk, and Martin Stanford's News became Sky, moving to 7 pm every weeknight.

More changes took place during the early part of 2009.

The 2005 relaunch also saw the introduction of a new schedule designed around "appointment to view" programmes rather than continuous rolling news.

James Rubin joined to present a new evening programme called World News Tonight, Julie Etchingham presented another new "hard-hitting" evening show called The Sky Report, Eamonn Holmes joined to present Sunrise, Kay Burley presented a new programme called Lunchtime Live from 12 to 2 pm, and the daytime show Sky News Today saw the introduction of a three-presenter format.

I admire it, as do many other people, it will certainly waken up both the BBC and ITN and ensure that they compete with what is a very important news service".

The new studio was integrated with the newsroom and boasted the biggest video wall in Britain; it was designed by New York architects Janson Design Group.

New on-screen graphics were launched and the channel began broadcasting in widescreen (16:9) format.

Another sister channel, Sky News Australia, was part owned by Sky News parent Sky plc until December 2016.

A channel called Sky News International, with the same news content as the UK channel but without British adverts, is available in Europe, Africa, Asia and the United States. The channel is available on Apple TV, Roku and You Tube.

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John Ryley is the Head of Sky News, a role he has held since June 2006.

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