.... Ofcom also went a step further saying that it would most likely reject a full spin-off of Sky News – a complete structural separation – arguing that the loss-making business may become weaker over time therefore reducing media plurality. This view is a volte face by the media regulator which, along with the then Office of Fair Trading
, accepted a full spin-off as solving media plurality issues at the time of Murdoch’s 2011 bid, which was ultimately abandoned due to the public and political fallout of the phone-hacking scandal. ...
[Read full article on Guardian
Thursday 13th of July 2017 03:18:55 PM