Quote:
Originally Posted by Mobes
Sky to sell off SKY NEWS in order to sweeten the deal into them buying all of SKY TV Company.
They've also said they will subsidise Sky News for years to come... Jeremy *unt the Secretary of State for Media looks like he will approve Sky's takeover....
So they will "subsidise"... pretty much means they will STILL have their finger in the editorial pie to me.....
Source BBC Radio 5 Live
|
Sky News is a loss making channel, so that's probably why they are going to fund it still...
Interesting times ahead.
EDIT: Newsflash on BBC News just now... News Corp are likely to be given green light in BSkyB take-over bid after agreeing to sell Sky News and continue to offer financial support.