
Read this: Jeremy Hunt gives Rupert Murdoch's Sky News hive off for BSkyB plan green light - Mail Online

Summary: Jeremy Hunt said he accepted that a plan to spin off Sky News as an independent company would prevent the tycoons News Corporation getting too tight a grip on the British media if the 8billion takeover goes ahead. Labour attacked Mr Hunt for what it called a politically motivated U-turn, pointing out that just weeks ago he had said he intended to order a full-scale competition probe. Yesterday Mr Hunt insisted News Corp had moved a very long way from its original offer and spinning off Sky News would mean it had less control of news media, not more. - dailymail.co.uk
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