[James]

Originally Posted by bitontheslide

how does this affect the proposed buy out of Sky by fox? Does it mean we will now get a fluffy Sky News

Originally Posted by arista

It means the shares will change to Disney
may help the takeover speed UP


SkyNewsHD
and Ch4HD news are the best


That Glass Box
Very UnAmerican

Originally Posted by bitontheslide

if anything, it will likely slow it down more as it will be going to an even bigger organisation

From http://www.bbc.co.uk/news/business-42353545

What does it mean for Sky?

In the UK, Fox is in the midst of a bid to buy the part of the broadcaster Sky that it doesn't already own. That bid is being investigated by the Competition and Markets Authority (CMA), which is due to publish provisional findings in January.

The BBC understands that the Disney deal will not alter that CMA investigation.

If the Sky purchase is approved, that deal would probably go through before the Disney purchase of Fox assets. So the whole of Sky would then be likely to transfer to Disney's ownership.

If not, then just the 39% of Sky currently in Fox's stable passes to Disney.

Rupert Murdoch said: "If things go wrong, the existing [Sky] shares go to Disney. It will be up to them to decide what to do."

Either way Sky's future will lie primarily in Disney's hands.

I read before that this deal might put Sky News future in doubt because (I think) it loses money, and Disney are not really in the news business - aside from ABC in America.