
Read this: Reaction to Sky News spin-off - Telegraph

Summary: I think the deal is going to close sooner than expected, perhaps in Q2, and it also tells us that Rupert Murdoch is very keen to get this deal done. We think he will use his digital newspapers as a way to differentiate his broadband product. It's worth billions to his balance sheet so if he has to warehouse or spin off Sky News for a period, he's happy to do that. - telegraph.co.uk
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