Rupert Murdoch is rarely forced to apologise. So how about an apology for attempting to wipe out wha...
Rupert Murdoch is rarely forced to apologise. So how about an apology for attempting to wipe out what little competition remains in the UK media industry? Earlier this month, British Sky Broadcasting Group swooped into the market to buy 17.9% of the main UK terrestrial broadcaster ITV. BSkyB is run by Murdoch's son James and is effectively controlled by News Corp. The raid, which cost about £940m, probably ruined merger talks that were under way with cable operator NTL. Not surprisingly, the move provoked furious reaction, not least from Richard Branson, the chairman of Virgin Group, who ...
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