Murdoch attempts to get even more power June 15, 2010Posted by N.C.OnlineTraining in Uncategorized.
Not content with owning The Sun, Times, News of The World along with other countless international media outlets, News Corporation owner Rupert Murdoch has put in a bid to buy out the remaining 60% of BSkyB that is currently owned by another company. For News Corp, this means that it will receive huge amounts of additional revenue stemming from Sky’s on-line television service. For the rest of the country, it will mean that Murdoch will have more of a say when it comes to the content of Sky’s programmes, and we could even see more similarities with the Fox news network. Which is never a good thing.
The deal may be stopped however should the regulators believe that it may give News Corp too much power. In addition, the new Coalition Government are required to approve the deal – not a problem for the Conservatives (who The Sun continuously supported throughout this years election campaign) but the Lib Dems, who were criticised heavily through the election campaign, may use this opportunity to get their revenge. Here’s hoping.