Monday, July 4, 2011

#JeremyHunt: New lapdog to #MURDOCH empire...

Jeremy Hunt was not at the BSkyB summer party at the Foreign Office last night but News Corp executives were toasting the Culture Secretary's decision to give the go-ahead to Rupert Murdoch's complete takeover of the satellite broadcasting company.

Mr Hunt gave his approval to the bid after News Corp agreed to a succession of further undertakings which are designed to guarantee the future independence of Sky News, which is being hived off from the rest of the BSkyB business as a condition of the deal. The deal, likely to cost News Corp around £9bn, is subject to a further seven-day consultation period.