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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.....
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That's how I see it too.
Sky News will be spun off into a separate company "independently" governed and managed, except Murdoch will still fund it.
Seems a total waste of time. The government should allow Murdoch to buy all of Sky or not and stop this messing about. Murdoch has always controlled Sky anyway, so whether he owns 40% or 100% is neither here or there.
Quote:
Originally Posted by Digital Fanatic
totally agree... who will buy it though? It's Sky branded.
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No one else will buy it. No other company will be allowed to own it.