Thursday, July 16, 2020

U.K. CULTURE SECRETARY SAYS HE’LL APPROVE BKYB DEAL

June 30, 2011 by · Leave a Comment 

As was widely predicted, British culture secretary Jeremy Hunt announced today (Thursday) that he has agreed in principle to permit Rupert Murdoch’s News Corp to acquire the 61 percent of satellite broadcaster BSkyB that it does not already own, contingent on the company’s separating itself from Sky News, its 24-hour equivalent of CNN. (The satellite […]