Fox Sports Buying Setanta’s U.S. Operations?

Fox Sports International, a division of News Corp.’s Fox Networks Group, is looking to secure key rights from or buy outright the operations of Irish sports broadcaster Setanta Sports for an undisclosed sum, according to separate reports from the Irish Times and Multichannel News.

Heavily reliant on private equity and venture capital money, Setanta went head-to-head in the UK with sports-heavy pay-TV satcaster BSkyB (NYSE: BSY), majority-owned by News Corp (NYSE: NWS). and lost, collapsing last year. Along the way, Sky’s COO Mike Darcey even accused the broadcaster of