Jun 29, 2017
Decision on Fox's Sky takeover due today
Culture Secretary Karen Bradley is to announce whether 21st Century Fox will be allowed to complete its takeover of Sky later today. Fox owns 39% of Sky, but wants to buy the rest, and assume total control of the broadcaster. Rupert Murdoch will control both 21st Century Fox and Sky while also owning The Times and The Sun newspapers. The UK has rules that ensure broadcasters must pay attention to 'due impartialty' so Sky would be prevented from taking a similar route to Fox. Fox first tried to buy Sky in 2011 but the deal fell apart after revelations about the hacking of murdered schoolgirl Milly Dowler's phone by the Murdoch-owned 'News of the World'.
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