Re: Rupert Murdoch's finally gets his hand on Sky
 

Newspapers aren't a fanastically profitable industry to be in. Influence is the bigger motivation for owning a newspaper than money. Even the relatively profitable ones aren't that profitable in the terms Murdoch will be used too. He owns them for the influence and the romance of journalism.

Re: Rupert Murdoch's finally gets his hand on Sky
 

Are you equally so naive to believe that Rupert Murdoch does not play a part in what is happening at all his companies past and present or whether they are big or small as he would know exactly what his trusted editors and lieutenants were up to at all his companies.

So if you was the owners of these companies you would not know what was going on??

Re: Rupert Murdoch's finally gets his hand on Sky
 

What's the point of having a dog and barking yourself? I'd have better things to do.

Re: Rupert Murdoch's finally gets his hand on Sky
 

He's a hands-on, highly successful proprietor who phones his editors frequently.
It's a shame that another hugely successful British company has been taken over by a foreign owner but it was always on the cards and I don't have a problem with it. At the last bid, Fox agreed to spin-off Sky News. I doubt they will have to do this again as the newspapers are held in a different company (News Corp) and the power of traditional media is weaker today.

Re: Rupert Murdoch's finally gets his hand on Sky
 

All SKY have done is taken back control since they merged into BSB.

"On 8 July 1988 rival tycoon Rupert Murdoch, having failed to gain regulatory approval for his own satellite service, and failing to become part of the BSB consortium announced that his pan-European television station, Sky Channel, would be relaunched as a four channel UK-based service called Sky Television, using the Astra system and broadcast in PAL with analogue sound.

In October 1990, an enterprising manufacturer came up with a dual satellite dish that could be used to receive both Sky and BSB services, although separate receivers would still be required - the following month this technology became effectively obsolete.

Both companies had begun to struggle with the burden of huge losses, rapidly increasing debts and ongoing startup costs. In November 1990, a 50:50 merger was announced to form a single company, operating as British Sky Broadcasting (BSkyB), but marketed as Sky. The merger may have saved Sky financially as it had very few major advertisers at the time, so acquiring BSB's healthier advertising contracts and equipment helped to solve the company's problem."

A good move by Murdoch.

https://en.wikipedia.org/wiki/Britis...e_Broadcasting

Re: Rupert Murdoch's finally gets his hand on Sky
 

Sure, what you have pasted complements but does not contradict what I have said. It's important to note that the Sky of today is far different from the small British company back in 1990.

Re: Rupert Murdoch's finally gets his hand on Sky
 

But SKY back then was owned by Murdoch. All he's done is sit back and wait until the time was right and Hey Presto, he's back in control. In the meantime he has been reaping rewards for his initial investment.

Re: Rupert Murdoch's finally gets his hand on Sky
 

Sky would not have survived had News Corp not merged it with BSB to form BSkyB. BSkyB was built upon sport and that came from BSB's The Sports Channel; the merger formed a new company.
BSkyB and latterly Sky plc has always been significantly influenced by News Corp with family connections on the board and close working relationships. Recently, Sky News took space in News UK's premises. This is a tidying-up exercise executed now thanks to the weaker Pound and phone-hacking no longer being an issue.

Re: Rupert Murdoch's finally gets his hand on Sky
 

Well bugger me, explain then how Murdoch got back control.

Re: Rupert Murdoch's finally gets his hand on Sky
 

With a 40% stake in a business and with the remainder owned by small shareholders, the Murdoch family never really lost control. Unless they did something obviously daft, they would not be opposed.
What the Murdochs are now getting is ownership and absolute control.

Re: Rupert Murdoch's finally gets his hand on Sky
 

I think he should be stopped from owning it on general principle. For no other reason than its him and imo he's not a nice individual.

Re: Rupert Murdoch's finally gets his hand on Sky
 

:tu: Exactly! :clap:

This increases Murdoch's ability to influence the government to dance to his current tune.He's not a the sit back and do nothing boss he made himself out to be at the Leveson Inquiry.

Re: Rupert Murdoch's finally gets his hand on Sky
 

It's not a done deal yet though ,even though the newspapers are a separate company Sky have taken over all the European Sky branded companies so the European commision that cleared the previous bids may block this one

Re: Rupert Murdoch's finally gets his hand on Sky
 

I'm pretty sure it will happen this time.

Re: Rupert Murdoch's finally gets his hand on Sky
 

I agree. I don't see any real competition grounds for it to be blocked. There is a Fox Sports channel in Italy but it's now exclusive to Sky Italia anyway.