LONDON (AP) — BSkyB, the London-headquartered satellite broadcaster, confirmed Monday that it is in early talks with 21st Century Fox to buy its pay television assets in Italy and Germany.

A deal would create a pay-TV company with the power to sell services in three European territories. It would also allow Rupert Murdoch to consolidate his interests — 21st Century Fox currently owns 57 percent of Sky Deutschland, all of Sky Italia and 39 percent of BSkyB.