Jeremy Hunt lays out his vision for local TV network in the UK January 19, 2011 Culture secretary Jeremy Hunt yesterday laid out his plans to introduce a network of local TV stations in the UK. The radical shake-up will see private firms bid for a new channel that will broadcast local news for several hours a day, alongside a national schedule. It will be funded with advertising and likely some [...]
News Corp puts Sky bid on hold July 11, 2011 ■ Competition Commission probe to last up to a year ■ Gordon Brown says sick son was target of News Int NEWS CORP yesterday made the shock decision to effectively put its bid for BSkyB on ice for up to a year. Rupert Murdoch’s firm withdrew concessions made to the media watchdog over the takeover, triggering [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 12, 2011 FINANCIAL TIMES UNICREDIT CHIEF SIGNALS RIGHTS ISSUE TO INCREASE CAPITAL LEVELS UniCredit has given its clearest signal yet that it will seek to raise its capital buffers as market turmoil continues to hit European bank shares. In his first big interview since becoming chief a year ago Federico Ghizzoni told the Financial Times that details [...]
PM moves to curb News Int hack scandal July 20, 2011 PRIME Minister David Cameron yesterday attempted to draw a line under the hacking scandal that threatens to engulf his government as well as the entire Murdoch empire. He said he has never had an “inappropriate conversation” with News International executives over Rupert Murdoch’s bid for the 61 per cent of Sky the media tycoon does [...]
HOW A BAD DAY JUST KEPT ON GETTING WORSE FOR NEWS CORP July 11, 2011 10:20am Nick Clegg calls for Rebekah Brooks to step down after meeting with murdered schoolgirl Milly Dowler’s mother and sister. He also urges Rupert Murdoch to “do the decent thing” and drop his bid for BSkyB. Brian Paddick calls for a public inquiry. 11:30am Labour leader Ed Miliband, who has maintained a high profile throughout [...]
HOW A BAD DAY JUST KEPT ON GETTING WORSE FOR NEWS CORP July 11, 2011 10:20am Nick Clegg calls for Rebekah Brooks to step down after meeting with murdered schoolgirl Milly Dowler’s mother and sister. He also urges Rupert Murdoch to “do the decent thing” and drop his bid for BSkyB. Brian Paddick calls for a public inquiry. 11:30am Labour leader Ed Miliband, who has maintained a high profile throughout [...]
Murdoch tabloid in fresh blow July 4, 2011 A PRIVATE detective working for News of the World hacked into murdered schoolgirl Milly Dowler’s mobile phone while police were searching for her in March 2002, a lawyer for her family said yesterday. Mark Lewis, solicitor at Taylor Hampton, said police had told the parents of Milly Dowler that Glenn Mulcaire illegally accessed and deleted [...]
Murdoch bid for Sky is still in the balance July 7, 2011 MURDOCH’S bid for BSkyB was hanging in the balance last night, despite his bombshell decision to close the flagship News of the World. A Sky director told City A.M. the two sides are “miles away from any decision on price” because the situation “is changing so quickly”. Culture Minister Jeremy Hunt has been forced to [...]
Sky directors expect News to pay more June 26, 2011 SOURCES close to BSkyB’s independent directors were last night calling for Rupert Murdoch to pay at least £9 per share to take full control of the satellite broadcaster. The same sources also indicated that a price of up to £10.40 a share, as called for by Crispin Odey, the founder of Odey Asset Management and [...]
News Corp’s bid for Sky to get clearance June 22, 2011 CULTURE secretary Jeremy Hunt is likely to rubber stamp News Corp’s bid for BSkyB within a fortnight. He is expected to trigger a final seven day period of consultation after receiving documents from Ofcom outlining a series of guarantees over the future financial and editorial independence of Sky News. Hunt will be unable to issue [...]