Post by Deleted on Dec 10, 2016 2:42:46 GMT 7
Rupert Murdoch has swooped in with an £11.2bn offer to take full control of the satellite broadcaster Sky, five years after he was forced to abandon a similar deal amid public revulsion over the phone-hacking scandal.
The media mogul’s 21st Century Fox film and television group said it had reached an agreement in principle to buy Sky, which would bring together the company behind Fox News with the largest broadcaster in Britain to create the most powerful media group in the UK.
Labour and Liberal Democrat politicians said the government had to intervene and demanded an inquiry on the grounds of public interest. Fox owns the controversial rightwing Fox News network in the US, while Sky News is a politically neutral service in competition with the BBC and ITV news.
www.theguardian.com/business/2016/dec/09/rupert-murdochs-fox-agrees-deal-to-buy-sky
The media mogul’s 21st Century Fox film and television group said it had reached an agreement in principle to buy Sky, which would bring together the company behind Fox News with the largest broadcaster in Britain to create the most powerful media group in the UK.
Labour and Liberal Democrat politicians said the government had to intervene and demanded an inquiry on the grounds of public interest. Fox owns the controversial rightwing Fox News network in the US, while Sky News is a politically neutral service in competition with the BBC and ITV news.
www.theguardian.com/business/2016/dec/09/rupert-murdochs-fox-agrees-deal-to-buy-sky
