Murdoch offers to sell Sky News to Disney to win pay-TV prize
04 April, 2018, 01:12 | Author: Gladys Mathis
Under the second proposal, Disney would buy the carved-out Sky News business, pledging to maintain its new corporate governance structure for 10 years, and ensure that changes are not made to the company's editorial guidelines without approval from regulators or the relevant government minister.
The Murdoch-controlled Hollywood studio is interested to turn Sky News into a single legal entity that would be moved to Disney as soon as 21st Century Fox's possession of Sky has come to the end.
Fox said the proposals would protect Sky News' independence and that Disney has expressed an interest in buying Sky News "whether or not" its own separate proposed acquisition of 21st Century Fox proceeds - Disney is trying to take over many parts of Fox, notably its movie and television studios, which as well as its US sports network.
The proposed takeover is very controversial as critics have warned tit would leave too much media power in the hands of the Murdoch family - who already own The Times, The Sunday Times and The Sun.
Their view appeared vindicated when Comcast said it would pay 12.50 pounds a share to buy Sky, although it has not yet made a formal bid.
Fox is continuing to work with United Kingdom regulators on finalizing the deal for Sky while also fending off a rival bid from Comcast.
Analysts Liberum Capital said the Fox remedies "should be adequate" to overcome the regulator's media plurality concerns.
Yankees, Mets Home Games Postponed Due To Snow
New third baseman Brandon Drury, who hit his first homer as a Yankee on Sunday in Toronto , drove in from his place in New Jersey. The forecast for Tuesday isn't dramatically better, with rain predicted for the morning and a chance of rain much of the day.
Nobel Peace Prize Laureate Returns to Pakistan Home
Malala has been visiting Pakistan since Thursday, her first trip home since she was shot and airlifted overseas for treatment. In 2014, she was awarded the Nobel Peace Prize jointly with Kailash Satyarthi for activism on behalf of children's rights.
United Kingdom regulators have been anxious that a takeover of Sky would give Murdoch - whose News Corp. owns The Times, The Sunday Times and The Sun newspapers - too much sway over British media.
Much of its decision to propose buying Sky News lies in a desire to eventually own Sky, which has 23 million customers and holds lucrative broadcast rights to the English Premier League and other professional soccer leagues. It now owns 39 percent of Sky. They added that Sky news will also have an independent board for Sky News.
The authority has until May 1 to make a final recommendation to the United Kingdom government, which then must decide whether to back the Fox-Sky deal, approve it with conditions or reject it.
Sky also said the proposals would address regulatory concerns.
At the same time however, Disney announced last December that it would buy Fox for $52.4-billion.
The Sky News proposal would take place regardless of whether that acquisition was successfully concluded, Fox said.
"We have proposed a set of solutions that address and resolve any and all questions or concerns that may have been raised by the transaction", Gerson Zweifach, Fox's general counsel, said in an emailed statement.
In 2014, el-Sissi won the presidency with 97 percent voter support, with turnout at more than 47 percent. Morsi's removal in 2013 ushered in a deadly crackdown that killed and jailed hundreds of militant.
Apple , which has used Intel chips in its computers since 2005, and the computer chipmaker both declined to comment. The turnover on the first trading day of the week came to 1,674.0 billion yen (15.75 billion USA dollars).
Harry and Meghan were not at the service, with Kensington Palace describing their weekend plans as "private". Meghan and Harry were also missing from the service at the chapel where they'll tie the knot next month.
The Russian military will start producing the missile in 2020 and induct it into service by 2021, TASS reported. The video relayed the Satan 2 missile was launched from the Plesetsk Cosmodrome in Russia, CNN reported .
Her family says that after spending a year in jail awaiting trial, her priority is to be reunited with her five-year-old son. She called a friend and her uncle in California, saying that she was coming to visit and that Mateen would be joining them.
On the glass, Tristan Thompson corralled 14 boards, with Kevin Love also hauling down eight despite a rough shooting night. Smith owns two English Bulldogs - Dallas and Cowboy - and threw a birthday party for one of his pups when it turned 1.
He called it a "total surrender to the false campaign in the media" and said the credibility of the government was at stake. Netanyahu said in a Facebook post that earlier deportation agreement had failed because Rwanda had pulled out.
The biggest name to miss the three-T20I series is Brathwaite, who opted out due to security concerns. Samuel Badree and Marlon Samuels are among the first batch of players who have reached Karachi .
Snow follows strong storms Tuesday
No widespread severe weather is expected, but one or two storms could have damaging straight line winds and/or large hail. Temperatures will fall to near 40° by tomorrow morning along with brisk north winds 0f 10-20 miles per hour .
Trump calls for Congress to pass border legislation
And in the third tweet , the president wrote , "These big flows of people are all trying to take advantage of DACA . And he wants certain changes to the USA immigration system that some lawmakers are not comfortable with.
Villanova vs. Michigan: What to watch for in NCAA title game
Barring foul trouble, it appears that the Wildcats, not the Wolverines will be the ones who dictate how this game is played. And still, to win, MI has to hope and pray Villanova players don't continue to resemble the NBA's most explosive team.
Iraq to recover Indian bodies back home
VK Singh left for Iraq yesterday and expected to return with mortals today, which will be handed over to their families. This is the same aircraft that was used to evacuate Indians from war-torn Yemen in 2015.
Watch SpaceX Launch 10 Satellites Into Orbit
Part of a $3 billion project, this was the fifth such launch for Iridium with three more scheduled later this year. What makes this launch extra special is that it was carried out by a used Falcon 9 rocket.
Tim Cook blasts Facebook over data privacy
Despite what Cook said directly, and obliquely, about Facebook, the fact remains that Facebook is an app in Apple's App Store. When asked about what he would do in Zuckerberg's place, Cook responded: " I wouldn't be in this situation ".
Chelsea vs Tottenham Hotspur
We need to be focused on him being still a kid. "They have many important players, many talented players". Chelsea will step up their bid to sign Tottenham defender Toby Alderweireld , according to reports.