Rupert Murdoch

What are the issues in Fox’s Sky deal?

Culture Secretary Karen Bradley says she is “minded to” refer Fox’s takeover of Sky to UK competition authorities. Regulator Ofcom looked into the plan to decide if the deal was in the public interest, especially around media plurality and broadcasting standards. Ofcom said it risked the Murdoch family having “increased influence” over the UK’s news agenda and […]






Rupert Murdoch

Sky-Fox takeover deal likely to face competition probe

The culture secretary has said she is “minded to” refer Rupert Murdoch’s 21st Century Fox takeover of Sky to the competition watchdog. Karen Bradley’s decision is a blow to the media mogul’s hopes of having the £11.7bn deal waved through without further scrutiny. Mr Murdoch already owns 39% of the satellite broadcaster. An earlier attempt […]






Disney

Disney earnings up but ESPN struggles continue

Disney reported higher second-quarter profit Tuesday despite lower earnings at its ESPN sports network, which has been under pressure with the rise of online streaming. Net income for the quarter ending April 1 came in at $2.4 billion, up 11.4 percent from the year-ago period. Revenues were $13.3 billion, up 2.8 percent. Strong points included […]