Economy

Murdoch must wait extra month to learn fate of Fox-Sky deal

Murdoch must wait extra month to learn fate of Fox-Sky deal

The European Commission cleared the deal earlier this month on competition grounds, but the United Kingdom regulators will also judge whether the deal is in the public interest of media plurality and commitment to broadcasting standards.

The U.K. regulatory review of 21st Century Fox's proposed deal to take full control of European pay TV giant Sky is getting extended by about a month now that the British government has called for a snap election in early June.

Labour's shadow culture secretary Tom Watson opposes the bid and has spoken out against it on numerous occasions in the House of Commons
Labour's shadow culture secretary Tom Watson opposes the bid and has spoken out against it on numerous occasions in the House of Commons

The Secretary of State for Culture Media and Sport, Karen Bradley, made it known that she would be extending the inquiry deadline due to the upcoming election.

Sky's directors agreed a deal where Fox will buy the 61% of the United Kingdom broadcaster it does not already own in an £11.7bn takeover deal.

Liverpool's Jurgen Klopp rules out Hart move
On injury situation: "It is not 100 per cent Lucas, Joel and Ragnar can not play but they are not in training at the moment". The Reds keeper situation has been inconsistent and motivated many to call for Klopp to make a change this summer.

As Ofcom has reiterated its advice that the issues we are required to consider in the public interest assessment may overlap with its own consideration of Sky's fitness to hold broadcasting licences.

That deadline has now been extended to June 20.

Michael Carrick: 'Manchester United did what we had to'
Rashford teed up Henrikh Mkhitaryan for a 10th-minute goal that put United 2-1 up on aggregate, only for captain Sofiane Hanni to equalise for Anderlecht in the 32nd minute.

Both Sky and Fox are controlled by businessman Rupert Murdoch, who also owns the Times and the Sun newspapers.

This time round James Murdoch, the chief executive of Fox and chairman of Sky, has said that he does not believe that the company will need to make any meaningful concessions to complete the takeover.

National Basketball Association roundup: Bulls seize 2-0 lead over Celtics
The loss left certain fans swearing left and right , so Boston better amp up the D if they don't want to hear any more F-bombs. Khris Middleton added 20 points for Milwaukee, who will seek to regain the series edge when they host game three on Thursday.

Part of Ofcom's investigation will include whether Sky's potential new owners are "fit and proper".


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