Nobody expects UK Business Secretary Vince Cable to block Rupert Murdoch from buying the 61% of Sky he doesn’t already own. But Cable, a popular politician here in Britain, is unhappy about Murdoch’s tightening grip on UK media. The official cannot even start an examination until News Corp has filed its takeover bid with the European Commission in Brussels. I’m told that News Corp is still in pre-notification discussions with the Ic and conversations are going back and forth between Brussels and News Corp headquarters in Isleworth, west London. Formal notification should happen within weeks. Enders Analysis -- the TV consultancy which has already written to Cable appealing for him to block News Corp’s Sky takeover on media plurality grounds -- estimates that, sometime between 2015-2020, News International and Sky will control 50% of the UK newspaper and television markets respectively. Sky is already bigger than the BBC is terms of broadcasting revenue,...
- 9/20/2010
- by TIM ADLER
- Deadline London
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.