Maria Miller has been appointed as the UK government’s new culture secretary.
Culture Secretary Jeremy Hunt has written to the media regulator Ofcom over
News Corp’s proposed takeover of BSkyB. The move keeps alive the possibility
the matter could still be referred to the Competition Commission. [Read the Story...]
Culture Secretary Jeremy Hunt has approved plans to spin-off Sky News as an independent company, should News Corp’s bid to purchase the remaining 61% in BSkyB be accepted. Under the plan, shares in the traded Sky News would be distributed among the existing shareholders in BSkyB, in line with their current shareholdings.