Read this: News Corporation faces stark choice over BSkyB bid | Becket McGrath | Media | guardian.co.uk
Summary: News Corp is now seeking to increase its minority stake of 39.1 in BSkyB to 100. The board of BSkyB has driven a hard bargain and, so far, the parties have not reached an agreement on the price to be paid for the remaining shares. From a public policy perspective, media mergers may cause concern because they reduce competition which may lead to higher prices, lower quality or less choice for consumers or because they reduce plurality in the sense that they may result in fewer distinct sources of opinion. - guardian.co.ukRead full article: News Corporation faces stark choice over…
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