Fox’s Plan for Independent Sky News Failed to Convince Authorities, Tripping Up Takeover

In seeking official British approval of its Sky takeover bid, 21st Century Fox offered several concessions, but evidently not enough to convince the government that the deal wouldn’t concentrate too much power in the hands of the new combined entity. Experts also questioned the enforceability of Fox’s pledge to keep Sky News editorially independent. A... Read more » Stewart Clarke