Murdoch's £11.7billion Bid To Buy Sky Is Set To Go Ahead

1 month ago
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21st Century Fox expected to be given the green light to buy Sky within days 
It will sell Sky News to Disney with a series of restrictions and guarantees 
Culture Secretary Matt Hancock said he will endorse the 'improved' protections
A commitment from Disney to operate and maintain a Sky News branded news service for 15 years rather than 10 years
A restriction on Disney from selling Sky News for 15 years without the consent of the Secretary of State
An extension of the funding commitment from 21st Century Fox from 10 years to 15 years
An increase in the total funds available to Sky News, to at least £100 million per year, with operating costs protected in real terms
A formal commitment from Disney to preserve the editorial independence of Sky News

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