{"id":287156,"date":"2011-03-02T17:57:17","date_gmt":"2011-03-02T17:57:17","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/"},"modified":"2011-03-02T17:57:17","modified_gmt":"2011-03-02T17:57:17","slug":"murdoch-agrees-sky-news-sell-off","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/","title":{"rendered":"Murdoch agrees Sky News sell-off"},"content":{"rendered":"<p><div readability=\"57.12\">\n        \t\t  <span><br \/>\n    <span>2 March 2011<\/span><br \/>\n<span>Last updated at <\/span><span>12:57 ET<\/span><br \/>\n<\/span><\/p>\n<p>Rupert Murdoch has agreed to sell off the loss-making Sky News.<\/p>\n<p>The move is likely to be enough to win government approval for the takeover of BSkyB by his News Corp firm, the BBC&#8217;s Robert Peston understands.<\/p>\n<p>&#8220;Some will see that as a U-turn,&#8221; said Mr Peston, as Culture Secretary Jeremy Hunt had promised to heed the advice of regulator Ofcom, who wanted the deal referred to the Competition Commission.<\/p>\n<p>Mr Hunt is expected to require a 15-day public consultation of the takeover.<\/p>\n<div readability=\"24.5687203791\">\n\t<a href=\"http:\/\/www.bbc.co.uk\/news\/business-12627703#story_continues_1\">Continue reading the main story<\/a>\t\t<!-- pullout-items--><\/p>\n<blockquote readability=\"7\">\n<p>If Mr Hunt allows the bid to proceed, which is what I expect, some will see that as a U-turn\u201d<\/p>\n<\/blockquote>\n<p><span>End Quote<\/span><\/p>\n<p>\t<!-- pullout-body--><\/p>\n<p>\t<!-- pullout-links-->\n\t\t<\/div>\n<p>The European Commission has already ruled in favour of the takeover on competition grounds.<\/p>\n<p>However, Ofcom had raised concerns about the impact on media plurality and choice of news if News Corp controlled Sky News in addition to the newspapers it currently owns &#8211; the Sun, the News of the World, the Times and the Sunday Times.<\/p>\n<p>In order to make a sale of the news channel viable, the BBC understands that Mr Murdoch has also agreed to provide it with a long-term contract that will have the effect of subsidising it for many years.<\/p>\n<p>Even if the deal gets the nod from Mr Hunt, News Corp has yet to gain approval from BSkyB&#8217;s board.<\/p>\n<\/p><\/div>\n<\/p>\n<p>More here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-12627703\" title=\"Murdoch agrees Sky News sell-off\" rel=\"noopener noreferrer\">Murdoch agrees Sky News sell-off<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 2 March 2011 Last updated at 12:57 ET Rupert Murdoch has agreed to sell off the loss-making Sky News. The move is likely to be enough to win government approval for the takeover of BSkyB by his News Corp firm, the BBC&#8217;s Robert Peston understands. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-287156","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Murdoch agrees Sky News sell-off - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Murdoch agrees Sky News sell-off - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"2 March 2011 Last updated at 12:57 ET Rupert Murdoch has agreed to sell off the loss-making Sky News. The move is likely to be enough to win government approval for the takeover of BSkyB by his News Corp firm, the BBC&#039;s Robert Peston understands.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Murdoch agrees Sky News sell-off\",\"datePublished\":\"2011-03-02T17:57:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/\"},\"wordCount\":244,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/\",\"name\":\"Murdoch agrees Sky News sell-off - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-03-02T17:57:17+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Murdoch agrees Sky News sell-off - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/02\/murdoch-agrees-sky-news-sell-off\/","twitter_card":"summary_large_image","twitter_title":"Murdoch agrees Sky News sell-off - Ghanamma.com","twitter_description":"2 March 2011 Last updated at 12:57 ET Rupert Murdoch has agreed to sell off the loss-making Sky News. 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