Rupert Murdoch’s Sky News channel twice authorized its reporters to hack into computers, a revelation that could further dent the media tycoon’s hope of acquiring full control over satellite broadcaster BSkyB.
LONDON (Reuters) - Britain's media regulator said on Monday it had launched an investigation into Sky News, the influential news channel of Rupert Murdoch's BSkyB, which has admitted twice hacking into emails to generate a story. Sky News said earlier this month that it had hacked into emails in 2008 but insisted it had acted in the public interest because it had shared the information with the police and helped to secure a criminal conviction. The admission was seen as damaging to the successful channel. ...
British Sky Broadcasting Group plc (BSYBY) announced Friday that it has entered a deal with Twenty-First Century Fox Inc’s (FOXA) Rupert Murdoch to buy his holdings in Sky Italia and SKY DEUTSCHLAND AG (
The British government said on Thursday it will begin a new seven-day consultation over News Corp's bid to win control of broadcaster BSkyB, after issuing more robust proposals.Rupert Murdoch's News Corp offered in March to spin off its Sky News TV channel in order to address competition concerns over the BSkyB bid.Media regulator Ofcom has recommended that the proposal to hive off Sky News would address competition concerns -- and that advice has not changed, the government said in a statement after an initial consultation.
LONDON (Reuters) - BSkyB will spend 1 billion pounds ($1.6 billion) to placate investors who lost out after News Corp bowed to public fury over a hacking scandal and dropped a bid to take full control of the satellite broadcaster.
The British government Thursday cleared the way to approve News Corp's bid to win control of broadcaster BSkyB after it agreed to spin off its Sky News operation to address competition concerns.The decision to allow the Rupert Murdoch-owned group to proceed sparked a furious response from rival media groups, who accused the government of a "whitewash".In a long-awaited announcement, culture and media minister Jeremy Hunt said he would accept the proposals on Sky News "in lieu of" referring the BSkyB deal to the competition authorities.
The British government cleared the way on Thursday to approve News Corp.'s bid to win control of broadcaster BSkyB, after it offered to spin-off the Sky News operation to address competition concerns."The Secretary of State for Culture, Olympics, Media and Sport, Jeremy Hunt, has today announced that ... he intends to accept undertakings from News Corporation on their proposed merger with BSkyB in lieu of a referral to the Competition Commission," the government said in a statement.