• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Fox takes over Sky in 18.5bn deal

Do you think this merger gives Murdoch too much control over UK media?

  • Total voters
    7
Status
Not open for further replies.
qubit

qubit

Overclocked quantum bit
Joined
Dec 6, 2007
Messages
17,865 (2.98/day)
Location
Quantum Well UK
System Specs
System Name Quantumville™
Processor Intel Core i7-2700K @ 4GHz
Motherboard Asus P8Z68-V PRO/GEN3
Cooling Noctua NH-D14
Memory 16GB (2 x 8GB Corsair Vengeance Black DDR3 PC3-12800 C9 1600MHz)
Video Card(s) MSI RTX 2080 SUPER Gaming X Trio
Storage Samsung 850 Pro 256GB | WD Black 4TB | WD Blue 6TB
Display(s) ASUS ROG Strix XG27UQR (4K, 144Hz, G-SYNC compatible) | Asus MG28UQ (4K, 60Hz, FreeSync compatible)
Case Cooler Master HAF 922
Audio Device(s) Creative Sound Blaster X-Fi Fatal1ty PCIe
Power Supply Corsair AX1600i
Mouse Microsoft Intellimouse Pro - Black Shadow
Keyboard Yes
Software Windows 10 Pro 64-bit
Had to happen eventually. I couldn't see Rupert Murdoch being happy with less than a controlling share in such a big media company.

Rupert Murdoch's 21st Century Fox will pay £11.7bn for the 61% stake it does not already own.

Sky shareholders will receive £10.75 in cash for each share, valuing the entire company at £18.5bn.

The deal comes amid concerns that Rupert Murdoch, who also owns the Sun and the Times newspapers, will have excessive influence over UK media.

Karen Bradley, the Culture Secretary, will have 10 days to decide whether the Fox bid raises public interest concerns - in this case media plurality. She has the power to ask Ofcom, the media watchdog, to examine the deal.
Click to expand...


 
Tatty_Two

Tatty_Two

Gone Fishing
Joined
Jan 18, 2006
Messages
25,804 (3.86/day)
Location
Worcestershire, UK
System Specs
Processor Rocket Lake Core i5 11600K @ 5 Ghz with PL tweaks
Motherboard MSI MAG Z490 TOMAHAWK
Cooling Thermalright Peerless Assassin 120SE + 4 Phanteks 140mm case fans
Memory 32GB (4 x 8GB SR) Patriot Viper Steel 4133Mhz DDR4 @ 3600Mhz CL14@1.45v Gear 1
Video Card(s) Asus Dual RTX 4070 OC
Storage WD Blue SN550 1TB M.2 NVME//Crucial MX500 500GB SSD (OS)
Display(s) AOC Q2781PQ 27 inch Ultra Slim 2560 x 1440 IPS
Case Phanteks Enthoo Pro M Windowed - Gunmetal
Audio Device(s) Onboard Realtek ALC1200/SPDIF to Sony AVR @ 5.1
Power Supply Seasonic CORE GM650w Gold Semi modular
Mouse Coolermaster Storm Octane wired
Keyboard Element Gaming Carbon Mk2 Tournament Mech
Software Win 10 Home x64
Not sure how this is Science & Technology, more Corporate & Business news to me so it's closed, should the Op wish it to be reopened in a more relevant sub forum (can only think of GN unless there are better suggestions) will be happy to oblige.
 
Status
Not open for further replies.
Top