Rupert Murdoch’s Fox Makes Sky Bid Five Years After Hacking Scandal

Jasper Jackson and Jane Martinson report for The Guardian:

Image result for 21st century Fox Sky logosRupert Murdoch swooped in with an £11.2bn offer to take full control of the satellite broadcaster Sky, five years after he was forced to abandon a similar deal amid public revulsion over the phone-hacking scandal.

The media mogul’s 21st Century Fox film and television group said it had reached an agreement in principle to buy Sky, which would bring together the company behind Fox News with the largest pay-TV broadcaster in Britain to create the most powerful media group in the UK.

Labour and Liberal Democrat politicians said the government had to intervene and demanded an inquiry on the grounds of public interest. Fox owns the controversial rightwing Fox News network in the US, while Sky News is a politically neutral service in competition with the BBC and ITV news.

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