Magazine article Screen International

Fox/Sky Bid Provisionally Blocked by Regulator

Magazine article Screen International

Fox/Sky Bid Provisionally Blocked by Regulator

Article excerpt

Body finds £39bn deal would be ‘against public interest’.

The Competitions and Markets Authority (CMA) has blocked the proposed acquisition of Sky by 21st Century Fox on media plurality grounds (reports Broadcast).

In its provisional findings, the independent investigation group said that it was important that no group or individual “should have too much control of our or too much power to affect the political agenda”.

The deal for Fox to buy up the 39% of Sky he does not currently own would mean executive chairman Rupert Murdoch would wield too much power, according to the investigation.

It estimated that the Murdoch Family Trust’s news outlets are watched, read or heard by nearly one-third of the population, significantly more than any other provider, apart from the BBC and ITN. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.