
Read this: After Vince Cable's loose talk, victory for Rupert Murdoch was assured - Dan Sabbagh - Media - The Guardian

Summary: The outcome is that Rupert Murdoch has been asked to make a modest sacrifice in spinning off the small, 60m-turnover Sky News. The cold reality is that the enlarged News Corporation will be the largest private media company Britain has ever seen. Come 2015, when the next general election is due, News Corp is expected to have a turnover of over 9bn. - guardian.co.uk
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