News Corp ‘may exit from Sky News’

Tim Burrowes

January 21, 2011 9:31

News Corp may give up its stake in Sky News, reports the UK’s Financial Times.

The move could be triggered by News Corp’s attempts to take full ownership of British pay TV company BSkyB.

Sky News is owned in the UK by BSkyB, while in Austrlia it is a joint ventuire between Seven, Nine and BSkyB.

The Financial Times reports that News Corp is keen to avoid regulatory concerns over media diversity if it takes full ownership of BSkyB. The media company’s British company News International already dominates the newspaper landscape with The Times, Sunday Times, Sun and News of the World.

Subscribe to keep reading

Your daily source for the latest headlines, in-depth analysis, and breaking stories from around the globe.

Tim Burrowes

I write about the world's media and marketing industry from an Australian perspective Australian lens. I've worked in the UK, Middle East, Asia & Australia. I founded Mumbrella, which we sold in 2017.