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News Corp: FBI probe – Sky: Murdoch shouldn’t be chair

The Federal Bureau of Investigation has confirmed it is responding to calls from Congress and investigating whether the News of the World hacked into the mobile phones of the relatives of victims of 9/11. It is also being called on to look into the accusations News Corp executives bribed police in the UK as this […]

July 15, 2011

Murdochs will testify to Parliament, Mockridge gets hot seat

Rupert and James Murdoch dramatically changed their minds and dropped their resistance to appearing before the Media Select Committee next Tuesday. The Committee had taken the very unusual step of issuing a Parliamentary Summons. Meanwhile, on Friday morning  after two weeks of support from the Murdochs, Rebekah Brooks, CEO News International has resigned. She said: “I […]

July 15, 2011

NDS set for NY listing

News Corp and Permira, the European private equity group, have hired banks to arrange a New York listing of digital pay-TV technology specialist NDS, which they jointly own, reports the FT. JP Morgan, Goldman Sachs and Morgan Stanley have been appointed to assist with the Initial Public Offering, following meetings in New York in recent […]

July 15, 2011By Colin Mann

News Corp: The reckoning

Keith Rupert Murdoch has seen eighty summers, but few will have had interludes as hot and uncomfortable as this one. Not that he seems worried – snatched pictures show a grinning figure in a range of bizarre ‘Sod you, I’m an old man’ hats, as he’s chauffeured around London sweeping up after some of his […]

July 13, 2011

Europeans prefer triple-play packages

Four out of ten Europeans households are buying ‘bundled’ Internet, phone and TV services from a single provider, a Eurobarometer survey shows. The survey also found that 65 per cent of people limit their mobile phone calls because of cost and that calls over the Internet are becoming increasingly popular. The E-Communications Household Survey was […]

July 13, 2011

ESPN Star Sports extends 5-year MotoGP deal for Asia

ESPN Star Sports (ESS) has announced its five-year partnership with Dorna Sports to broadcast the MotoGP World Championship on multiple distribution platforms in 24 countries across its footprint in Asia, continuing its coverage of the premier motorcycle road racing Championship to 2016. ESS has been broadcasting the MotoGP World Championship for 16 years, and the […]

July 13, 2011

Parliament: Sky deal against public interest

The Conservative party has announced it will now back Labour’s Commons Motion tomorrow that calls on News Corp to withdraw its BSkyB bid ‘in the public interest’. Many coalition partner LibDems had indicated they would vote for the motion and now it will be an official Government motion. Jeremy Hunt, the DCMS Secretary responsible for […]

July 12, 2011

Sky bid referred to Competition Commission

Seeing the writing on the wall that a vote in Parliament on Wednesday was likely to block its bid for Sky, News Corp has ‘tried to take the politics out of the bid’ and has unilaterally withdrawn its negotiated commitments to spin-off Sky News and has accepted this will mean a referral to the Competition […]

July 11, 2011By Nick Snow

Latino pay-TV soon to be 90% digital

A new study states that Latin America’s cable distributors are converting to digital technology at such a pace that by 2016 some 90 per cent of subscribers will be enjoying digital services. Satellite TV is included in the mix but most DTH players are already transmitting digitally. According to the report “Pay-TV in Latin America […]

July 11, 2011By Chris Forrester

Ofcom: ‘Very concerned’; Sky shares slide

Ofcom is likely to investigate News Corporation’s proposed bid for satellite broadcaster BSkyB . Pressure on the regulator has ramped up as more revelations on the News International phone hacking scandal have poured out. On Friday morning the Prime Minister said Ofcom should take account of ‘the new circumstances’, and Simon Hughes, Deputy Leader of […]

July 8, 2011By Nick Snow