Showing posts with label NewsCorp. Show all posts
Showing posts with label NewsCorp. Show all posts

OFCOM calls for public tender NewsCorp BSkyB views

The watchdog requested earlier this week by Vince Cable, the Secretary of the company, to examine the proposal controversial within the walls of the plurality of the media.

It appeared also Friday that the intervention by Mr. Cable also requires the Office of Fair Trading (OFT) to investigate whether the takeover will result in a change of control of the part of the process of double société.Dans, the OFT and OFCOM will accept comments from third parties on November 19.

OFCOM stated that, in his media plurality test, it would consider what control of certain people on médias.Le added body that consider any changes in the media landscape and watch "how future developments in the market, including the convergence of the broadcast, print and internet media may influence consumer media consumption".

The OFT and OFCOM will have up to 31 December to decide whether to recommend that a reference to the Competition Commission.

"OFCOM will examine how the proposed acquisition can affect the level of plurality of persons with control of the media serving relevant public enterprises considering representations and the analysis of relevant information," said the Governor.

Given the short time for the initial investigation of OFCOM and report on the effect on the consideration of public interest media, we are also interested in views of third parties on the potential remedies or mitigation for matters of public interest.?


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NewsCorp said losses on MySpace social networking site "unacceptable."

Expressing a first quarter earnings conference call, the management of the group admitted that MySpace "is a problem" need fixing.

They hope the recent relaunch of the site with a "focus on social entertainment", will provide the necessary progress in the coming quarters to make sustainable entrepreneurship.

NewsCorp management also stated that "the BSkyB transaction not based on synergies", after he was questioned on whether it would attempt to buy a set of programming for Sky Italia, Sky Deutschland and BSkyB.

It is a question that the European Commission should increase NewsCorp following in Brussels on Wednesday his interest in 61pc to BSkyB acquisition official notification, it does not already have.

NewsCorp said caused a boom in advertising revenue in the first quarter to 30 September, to increase to $775 m (£ 481 m), $571 million 36pc one year auparavant.Rupert Murdoch was not present in the Conference call.


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