There's also another side to the story, it was said that Nickelodeon was trying to stop Fox Kids from launching on Sky. Sky owns part of Nick UK and still does. At time News Corp (aka Fox) owned 40% of Sky.
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harry580
I wonder if fox and sky did buy children channel, the children channel would become fox kids, and sky sold its stake in nick uk back to Viacom, and fox family would launch as a separate and sister channel like fox kids would do after the failed bid on tcc