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Rupert Murdoch's finally gets his hand on Sky
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I wonder if somebody could explain to me why this is a problem? :shrug:
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Not especially a problem. One person owning so much of the media can obviously be a problem but Sky is much more of a entertainment company and there are restrictions on television news here. We also have the BBC as a counterweight.
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Are you really so naive that you think that the then owner of News International actually knew what each individual Editor of each newspaper was doing to generate income for each one? Owners of multi facted newspapers look at one thing only, just like heads of multi corporations. The headline figures provided by the bean counters. If it ain't making a profit, get rid of it! |
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.
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So if you was the owners of these companies you would not know what was going on?? |
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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. |
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"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 |
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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. |
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What the Murdochs are now getting is ownership and absolute control. |
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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.
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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. |
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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
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I'm pretty sure it will happen this time.
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It's complicated though because he seems to be far less interested in imposing a line on The Times which is a very good paper. Also anyone who funds proper journalism instead of the clickbait nonsense we're seeing from the Independent and increasingly The Telegraph is doing some good. |
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i love this guy well done Rupert
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Nobody has seen Jerry Hall for several months, rumours are she's done a runner... Poor Rupert, let him have his tv stations I say; they're full of US **** anyway.
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Gloom.
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Children: James Murdoch, Lachlan Murdoch, Elisabeth Murdoch, Prudence Murdoch, Chloe Murdoch, Grace Helen Murdoch gloom indeed |
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If you want not-for-profit TV there's always the BBC.
Murdoch will do whatever turns a profit as with Sky before his takeover. I don't expect to see much change unlike the doom mongers here. |
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It's not about profit for him as he's already wealthier than most.It's influence and power by the back door. Something that should worry anyone who truly wishes to live in a democracy. |
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The BBC is widely regarded as politically neutral, but it very plainly is not. We do need a counterbalance to that left leaning organisation and Sky News is well placed to deliver this. There are rules in this country about political balance and additional safeguards can be introduced by having the independent editorial team that was offered last time around. I don't like the Murdochs an awful lot myself, but that doesn't mean that they shouldn't be allowed to run the businesses that they are actually pretty good at running. They have done a very good job at bringing all those TV channels to us, with so much entertainment including films and sport. Shame about the cost, but I dare say the costs are not a long way off from what they are in the US. ---------- Post added at 13:16 ---------- Previous post was at 13:12 ---------- Quote:
Obviously you have lots of friends yourself and would not be hoisted by your own petard. ;) ---------- Post added at 13:21 ---------- Previous post was at 13:16 ---------- Quote:
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It's not about the programmes..it's about influence.
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And sadly Rupert Murdoch has too much influence and power and his political lapdogs be them from whatever party as they have been in the past are cosying up to him again.
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