Conceding to Disney, media giant Comcast said Thursday it will stop pursuing assets from 21st Century Fox to focus on battling Fox owner Rupert Murdoch in a bidding war for control of European group Sky, another media company in which Murdoch has ownership stakes.
Read moreU.S. media giant Comcast offered Wednesday to buy British broadcaster Sky Plc for $30 billion, topping a controversial bid from Rupert Murdoch’s 21st Century Fox.
Read moreBritish regulators say 21st Century Fox’s takeover of London-based broadcaster Sky is not in the public interest because it would give Rupert Murdoch and his family too much control over the country’s news media.
Read moreBritish media regulator Ofcom censured Fox News on Monday after concluding that programs hosted by Sean Hannity and Tucker Carlson violated the United Kingdom’s broadcasting code by breaching impartiality rules.
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The British government will refer Twenty-First Century Fox Inc.’s bid for satellite broadcaster Sky to the country’s competition regulator for further examination, in a blow to Rupert Murdoch’s takeover plans.
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Britain’s government stalled Twenty-First Century Fox’s takeover bid of the Sky pay television and broadband network Thursday after media regulators expressed concern about the influence of Rupert Murdoch and his family.
Read moreBruised by revelations about its efforts to hush up sex scandals dogging the host of its most popular show, Fox News is planning to fire Bill O’Reilly, a News Corp-owned newspaper reported Wednesday.
Read moreRupert Murdoch may get all of European broadcaster Sky after all after the U.K. phone-hacking scandal scotched a previous effort.
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