Economy minister discusses economic cooperation with German minister    Saudi Crown Prince congratulates new Japanese PM Sanae Takaichi    At UNCTAD, Saudi Arabia affirms commitment to sustainable economic transformation    Saudi justice minister, Italian counterpart agree to enhance judicial cooperation    TGA: Autonomous vehicle service beneficiaries surpass 950 in Riyadh    103 million orders delivered in Saudi Arabia in 3Q 2025    Yapı Merkezi reaffirms its commitment to Saudi Arabia with the opening of its regional headquarters in Riyadh A new step in Turkish Saudi cooperation    OMODA 4 Media Preview: Shaping the future of mobility with media and users    Belgian resistance holds up €140 billion loan for Ukraine at EU summit    Trump says he's ending trade negotiations with Canada    EU, US impose new sanctions on Russia to force ceasefire in Ukraine    Egypt joins EU funding program Horizon Europe    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    Qatar clinch 2026 World Cup berth with 2-1 win over UAE in Doha    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    Splash unveils new winter collection featuring Maya Diab    India players refused handshakes, says Pakistan coach    Adolescence star Owen Cooper makes Emmys history at 15    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



British media join forces against Murdoch buyout
RAPHAEL G. SATTER
Published in The Saudi Gazette on 14 - 10 - 2010

LONDON: He's dominated Britain's media landscape for decades, shaking Fleet Street to its foundations and dueling with the venerable BBC.
But Rupert Murdoch's latest move, an attempt to consolidate his family's sway over the British Sky Broadcasting Group PLC, may be a step too far. An unprecedented media coalition of newspapers and broadcasters has appealed directly to the government to take a close look at the buyout – which they say could have serious consequences for the way Britons get their news.
Rivals want Murdoch's effort to win a 100 percent stake in BSkyB to be vetted by Ofcom, Britain's media regulator, which can advise officials on the merits of the deal and whether it would jeopardize the integrity of Britain's media industry.
The 79-year-old Murdoch's British holdings are already extensive – and controversial. His stable of national newspapers reportedly account for 37 percent of Britain's national press by circulation. The Sun, Britain's biggest daily, boasts of being able to swing elections and The News of The World, The Sun's Sunday sister paper, has been accused of running a massive illegal eavesdropping operation, with reporters spying on politicians, sports stars, celebrities – and even members of the royal family.
His papers' power comes with a big political payoff. The News of The World's former editor, Andy Coulson, is now Prime Minister David Cameron's chief media aide, despite accusations that he knew about the phone hacking – charges he flatly denies.
But with Murdoch now aiming to completely take over BSkyB, in which his News Corp. already owns a 39.1 percent stake, rivals across the industry are mobilizing, seeking legal advice from top London law firm Slaughter and May and lobbying the government to intervene. News Corp. has called its opponents' motives into question and noted that the proposed deal has yet to be finalized.
The Gurdian, one of those behind the push, has also taken the fight to its readers, asking: “Is Rupert Murdoch on course to becoming Britain's Berlusconi?” Italian Premier Silvio Berlusconi is a media magnate-cum-politician accused by the opposition of strangling Italy's democracy.
Damian Tambini, a media industry expert at the London School of Economics, said the Berlusconi comparison was “pushing it a bit,” noting that the Italian leader runs a private media empire and exercises strong influence on the country's public broadcaster.
But he said that the political concerns raised by the buyout were legitimate, explaining that Murdoch and his son James, BSkyB's chairman, were carving out a position which could eventually become unassailable.
“When media groups are allowed to consolidate their position it can be irreversible,” he said.
Full control over BSkyB would be a big boost to Murdoch's international media empire, whose holdings include Fox Filmed Entertainment, which brought out James Cameron's “Avatar,” the Fox News Channel and The Wall Street Journal, acquired nearly three years ago.


Clic here to read the story from its source.