Brussels Postpones Murdoch/Sky Decision

News Corp has balked at selling off Sky News to satisfy Brussels. Despite that nose-thumbing, the European Commission has extended from December 8 to December 22 the deadline for the first phase of its competition investigation of Rupert Murdoch’s £12 billion ($19 billion) takeover of BSkyB. What Brussels is worried … Read More »

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Sky About To Sell Its 7.5% Stake In ITV? Will NBC Or Even Simon Cowell Become Bidders?

By | Friday November 12, 2010 @ 9:17am PST

City analysts tell me the reason why ITV’s stock price is creeping up again is because BSkyB could be selling its share of ITV. “It would look better from a regulatory point of view,” says Paul Richards of Numis, referring … Read More »

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BBC Boss Warns Of ‘Abuse Of Power’ If Rupert Murdoch Takes Control of BSkyB

Mark Thompson has called on the British government to intervene in News Corp’s bid to take full control of BSkyB. Speaking on PBS’s Charlie Rose Show in New York, he agreed there was potential for an abuse of power by the Murdoch media group if BSkyB, the UK’s biggest broadcaster in terms of its £5.4 billion revenue, comes under the same ownership as News International, the UK’s largest newspaper group. Combining BSkyB with News International, owner of The Sun, The Times and The Sunday Times, raised issues of “how you ensure plurality in the system”, Thompson warned. He said that the UK government should look at those issues – although he stopped short of calling for the deal to be blocked. Read More »

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