Quote:
Originally Posted by Media Boy
FT says Sky News is losing £4m a year.
I think Sky may just close Sky News down unless ITN OR NBC want to buy it.
Or BSkyB can give it new ''owners'' like Own by ''Sky News Network''.
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Telegraph says £30m a year losses, which is probably nearer the mark. ITV could buy it and merge it with ITN, or C4 possibly but they're short of funds. No-one in the UK I can see would have the cash or the inclination. It really does highlight how few broadcasting companies we have in the UK and how dominant the BBC and Sky are now.
More beneficial would be is Sky were to separate the TV channels from the delivery platform, but they will never volunteer that and it's not particularly pertinent to this.