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-   -   Murdoch : News Corp withdraws bid for BSkyB (https://www.thisisbigbrother.com/forums/showthread.php?t=178612)

Omah 07-07-2011 08:17 AM

Murdoch : News Corp withdraws bid for BSkyB
 
http://www.independent.co.uk/opinion...g-2308182.html

Simon Carr
Quote:

The Commons, incredibly, may have done something in a timely way to change the course of events. How can Jeremy Hunt wave through the BSkyB deal now? How can he face the Commons after that lot yesterday, and say he has no power to stop the Murdoch takeover?

Backbenchers rose to the occasion from all sides of the House. Between them they established a central, organising fact: Rupert Murdoch's News International – its directors, editors and contractors – are not, in Frank Dobson's phrase, "fit and proper persons to run a minicab company let alone the largest media organisation in Britain".

Tom Watson, in a magnificently understated J'accuse, listed the charges against the company and concluded that James Murdoch, the chairman and chief executive of News Corporation in Europe and Asia, be suspended for his plan to cover up, pay off and silence victims with a gagging contract.
From everything said, News International is in breach of all the 10 Commandments, Magna Carta, the Bill of Rights, the Broadcasting Code and very possibly Newton's Laws of Motion. It and its management is, on its own evidence, guilty of lying, cheating, thieving, bribing, corrupting, suborning and going around with a hairstyle like a hat made of vipers.
The immediate quarry is the deal for News Corp to buy all of BSkyB. Nicholas Soames threw his weight into the scales by saying the evidence of "clear criminality" that had recently emerged surely meant "a pause" was in order. He also squashed Labour attempts to claim the moral high ground by pointing out that the rot had been around for years. So many of them on and around the front benches are in hock to News International with jobs, columns, consultancies, influence.

As for Murdoch? Who knows what the old crocodile feels, if "feels" is the right word.
mmmm ..... how long before Murdoch draws in the strings ..... :conf:

Omah 09-07-2011 09:28 AM

Murdoch expected in UK
 
http://www.bbc.co.uk/news/uk-14090123

Quote:

Rupert Murdoch is expected to arrive in London later to take charge of dealing with the phone-hacking crisis that has engulfed his News International group.

This comes as News of the World staff prepare its final edition, following the announcement of its closure.
Who will kiss his ass ?

:evilgrin:

joeysteele 09-07-2011 09:47 AM

This deal should be stopped now, how on earth can anyone think after this farce with a paper that has exixted for 168 years and all the people he has had in the top positions running it now being pilloried, plus the loss of other workers jobs because of such rotten and likely corrupt mismanagement,just how could his organisation be fit to have total control of BSkyB.

Time to vastly decrease his involvement with important organisations not increase it.

Omah 09-07-2011 09:54 AM

Yeah, bar and bankrupt him ..... ;)

Omah 09-07-2011 10:00 AM

http://www.bbc.co.uk/news/business-14082692

Quote:

Ofcom, the media regulator, is to consider whether News Corporation would make a "fit and proper" owner of satellite broadcaster BSkyB.

In a statement, Ofcom's chief executive Ed Richards, emphasised that he would not act while the police and courts carried out their work.

But he has written to the authorities asking to be "kept abreast" of information that would help Ofcom.

It follows allegations of illegal activities at the News of World.

On Friday, former NoW editor Andy Coulson was arrested by police investigating hacking allegations.

News Corp, owner of the NoW, wants to buy the 60.1% of BSkyB that it does not already own.

Ofcom is required to ensure that any company - and its directors - holding a broadcast licence are "fit and proper" to do so.

In a letter to John Whittingdale MP, chairman of the Commons Culture, Media and Sport Committee, Mr Richards said: "We are monitoring the situation closely and in particular the investigations by the relevant authorities into alleged unlawful activities."

He said that Ofcom would not do anything at this moment in time to prejudice investigations by the police.

However, "we are writing to the relevant authorities to highlight our duties in relation to Fit and Proper" and would like to know of "any further information which may assist us in the discharge of our own duties".

Mr Richards added that Ofcom is "very conscious of the level of concern about these matters in Parliament and in the country more widely".

Omah 10-07-2011 10:13 AM

Ed Miliband threatens Commons vote over BSkyB takeover
 
http://www.bbc.co.uk/news/uk-14097275

Quote:

Labour leader Ed Miliband says he will force a Commons vote to delay News Corporation's proposed takeover of BSkyB, until the investigation into the News of the World is completed.

The last edition of the newpaper has been published, with a full-page apology for hacking mobile phones.

News Corporation owner Rupert Murdoch is due in London to take charge of the handling of the scandal.

Mr Miliband urged him to take action and sack executive Rebekah Brooks.

Mrs Brooks - a former News of the World editor and now chief executive of News International - has been under pressure over staying in her role while journalists on the paper have lost their jobs.

Mr Miliband denied he had "declared war on Rupert Murdoch" but also called on him to abandon the BSkyB bid.
Good ..... let loose the dogs of war, the baying hounds of Parliament ..... :idc:

joeysteele 10-07-2011 10:19 AM

Hopefully he won't get the full control of BSkyB after this as it seems there is still a lot more to come out on the scandal anyway.

It will be interesting to see if any politician has any meetings,social or otherwise, with Murdoch when he arrives today to supposedly help sort this mess out.

I bet he won't be doing any walkabouts.

Omah 10-07-2011 10:31 AM

Quote:

Originally Posted by joeysteele (Post 4363616)
It will be interesting to see if any politician has any meetings,social or otherwise, with Murdoch when he arrives today to supposedly help sort this mess out.

You can bet that the "puppy-dogs" have been at his beck and call all week ..... if there were telephone lines, they'd be red-hot ..... :joker:

joeysteele 10-07-2011 10:34 AM

Quote:

Originally Posted by Omah (Post 4363628)
You can bet that the "puppy-dogs" have been at his beck and call all week ..... if there were telephone lines, they'd be red-hot ..... :joker:

:joker: I absolutely agree with you. I think he's an awful person, he really annoys me.

bananarama 10-07-2011 09:24 PM

Quote:

Originally Posted by joeysteele (Post 4363616)
Hopefully he won't get the full control of BSkyB after this as it seems there is still a lot more to come out on the scandal anyway.

It will be interesting to see if any politician has any meetings,social or otherwise, with Murdoch when he arrives today to supposedly help sort this mess out.

I bet he won't be doing any walkabouts.


Don't forget one important fact. The Tories are in power. The lib dems are jackass puppets of Cameron. So yes he will get Sky. A little later maybe but he will get it.

The Tories won't miss out on having their own personal Tory propagand merchant to serve them....

joeysteele 10-07-2011 09:50 PM

It's a tricky one but it seems that if a vote is taken in the Commons this wek the Lib Dems are likely to vote to halt the deal until investigations are over, there are many Tory MPs too,to be fair who are appalled with this scandal.

Cameron has a tricky act to play here but I do believe he will want to be seen to be on the British publics side on this one and not Rupert Murdoch's and if Murdoch goes ahead, in spite of the Commons vote, in spite of the many more revelations still to be made known as to this scandal and then takes the UK Govt to court, let him.

The more this scandal is kept in the public domain the better, people need to know what a rotten man Murdoch is and also how rotten his empires become too.

Omah 11-07-2011 11:12 AM

Nick Clegg urges Rupert Murdoch to reconsider BSkyB bid
 
http://www.bbc.co.uk/news/uk-14102314

Quote:

The deputy prime minister has urged News Corp chairman and chief executive, Rupert Murdoch, to "do the decent thing" and reconsider his bid for BSkyB following the News of the World phone-hacking scandal.

Nick Clegg made the comments after meeting the family of murdered schoolgirl Milly Dowler whose phone was allegedly hacked.

Her parents Bob and Sally Dowler and her sister Gemma told him the deleting of messages on her phone had given them hope she was alive and discussed their hopes for the forthcoming public inquiries.

Mr Clegg said "we owe it to the Dowlers and other innocent victims of hacking to get these inquiries right".
Good for Nick ..... :thumbs:

arista 11-07-2011 02:56 PM

Bloomberg Live
is reporting the BSkyB Bid
has been withdrawn.



Which means they keep SkyNews
and go to the competion commision
a 6 month+ process.

Now reported on SkyNewsHD
and BBCNews

arista 11-07-2011 03:24 PM

Robot Miliboy does not like it.


He should be pleased
6months+ to go over it ALL.

arista 11-07-2011 03:24 PM

6 months and more


http://www.dailymail.co.uk/news/arti...r-delayed.html

Omah 11-07-2011 04:09 PM

News Corp's BSkyB bid referred to regulator
 
http://www.bbc.co.uk/news/business-14112465

Quote:

The Culture Secretary, Jeremy Hunt, has referred News Corporation's bid for BSkyB to the Competition Commission.

The move follows News Corp's withdrawal of its proposed undertaking to spin off Sky News as part of its attempt to take over the broadcaster.

The spin-off of Sky News had initially been the key condition if News Corp was to be allowed to take over BSkyB.

But in light of the phone-hacking scandal, Mr Hunt had said he was seeking fresh advice from regulators.

"I am going to refer this [bid] to the Competition Commission with immediate effect and will be writing to them this afternoon," Mr Hunt told the House of Commons.

"Today's announcement will be an outcome that I'm sure the whole house will welcome.

"It will mean that the Competition Commission will be able to give further full and exhaustive consideration to this merger, taking into account all relevant recent developments."
Good for Hunt ..... :thumbs:

arista 11-07-2011 04:39 PM

Quote:

Originally Posted by Omah (Post 4366768)



Good for Hunt ..... :thumbs:


No it was Not Hunt

Sky did this for him
I watched it Live on Bloomberg and SkyNewsHD (at the same time)

I also watched J.Hunt Live on Parliament
he also said Sky did this move today.

Omah 13-07-2011 01:47 PM

News Corp withdraws bid for BSkyB
 
http://www.bbc.co.uk/news/business-14142307

Quote:

Rupert Murdoch's News Corporation has announced that it is dropping its planned bid to take full ownership of BSkyB.

The announcement came as the House of Commons was preparing to vote for a motion calling on Mr Murdoch to do so.

All three major party leaders had said they supported the motion, which would not be legally binding on News Corp.

The decision follows days of allegations about phone hacking by News Corp subsidiary News International.

"We believed that the proposed acquisition of BSkyB by News Corporation would benefit both companies, but it has become clear that it is too difficult to progress in this climate," said News Corp deputy chairman and president Chase Carey in a statement.

"News Corporation remains a committed long-term shareholder in BSkyB. We are proud of the success it has achieved and our contribution to it."

The BBC's business editor Robert Peston said: "It's a huge humiliation. This was [News Corp's] biggest investment plan of the moment. It was one of the biggest investments they've ever wanted to make.

"It is an extraordinary reversal of corporate fortune... And questions will now be asked whether this is the full extent of the damage to the empire."
Hurrah ..... :cheer2:

Omah 13-07-2011 01:54 PM

Reactions :
 
http://www.bbc.co.uk/news/uk-politics-14134599

Quote:

1451:

Labour leader Ed Miliband says the aborted BSkyB bid is a "victory for people up and down the country" and is a message to Rupert Murdoch that his ambitions in the UK should go "this far and no further".
1449:

Vince Cable - the minister stripped of the power to rule on the BSkyB takeover after telling undercover reporters he had "declared war" on Rupert Murdoch - may be feeling vindicated right now. A source close to Mr Cable tells the BBC: "This is absolutely the right thing to do and the new inquiry gives us an opportunity to take a good look at how the whole media operates."
1444:

Alleged hacking victim Lord Prescott has reacted to the news via Twitter. He says: "So BSkyB bid over. PCC (Press Complaints Commission) to be abolished. Senior News International staff arrested. Inquiry into police and press on its way. Yep. I'm happy."
It seems a few people might be ..... :joker:

Shaun 13-07-2011 01:57 PM

:D good news.

BigBrotherfan4ever 13-07-2011 02:00 PM

Thats great news.:D

Omah 13-07-2011 02:23 PM

http://www.bbc.co.uk/news/uk-politics-14134599

Quote:

1520:

Media regulator Ofcom says that it is "still reviewing under 'fit and proper' criteria News Corp's ownership of the 39% of BSkyB it currently owns" - despite the company withdrawing its bid to fully take over the broadcaster.
Good ..... :thumbs:

joeysteele 13-07-2011 03:00 PM

It's really good news and I hope starts to spell the end of this awful man's empire.

arista 13-07-2011 03:16 PM

Quote:

Originally Posted by joeysteele (Post 4371116)
It's really good news and I hope starts to spell the end of this awful man's empire.


It will be done later few years down the road.

BSKYB is bliss.



Sure some bad press people need to get out
or jail, but Sky TV gives us the most amount of News Channels
more than anyone else.

bbfan1991 13-07-2011 03:21 PM

It's good news but this saga will run and run:).


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