UK Deals Blow to Murdoch’s Media Empire
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Performers pose outside the Houses of Parliament, wearing puppet heads of media mogul Rupert Murdoch and UK Prime Minister Theresa May in London, UK June 29, 2017 | Photo: Reuters
Fox bid for television group is said to risk giving the mogul too much power over the news.
The U.K. intends to subject Rupert Murdoch's takeover of European pay-TV group Sky to a lengthy investigation after an assessment said it would give the company undue influence.
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The Media Secretary Karen Bradley said she was persuaded to delay Twenty-First Century Fox's bid after the media regulator Ofcom assessed its impact.
Bradley said the US$14.8 billion deal risks giving Murdoch too much power...