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Read this: Murdoch's screen test: The media mogul may have got his way with News Corp's takeover of BSkyB, but at what cost? - Scot

Summary: Murdoch's organisation agreed to spin off Sky News into an independent listed company to avoid a lengthy competition inquiry. News Corp would retain a 39 per cent stake in the new firm while the remaining shares would be distributed among other BSkyB shareholders. Sky News would be funded for ten years by BSkyB and Murdoch would undertake not to increase his shareholding in the new company for the same length of time. -

Read full article: link icon  Murdoch's screen test: The media mogul m…

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