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Murdoch pulls Fox News from Sky platform as UK mulls takeover deal

Murdoch pulls Fox News from Sky platform as UK mulls takeover deal

Rupert Murdoch has pulled his Fox News channel from the Sky platform in Britain, where the government is assessing a bid by the media mogul to buy the broader Sky (SKYB.L) pay-TV company for $15 billion (11.60 billion pounds). In a statement, Murdoch’s Twenty-First Century Fox (FOXA.O) said it had decided it was no longer in its commercial interest to provide Fox News in Britain, where only a few thousand viewers watch it. Critics of Murdoch and his company regularly cite the right-leaning Fox News channel as a reason why Murdoch should not be allowed to buy the 61 percent of Sky it does not already own.

Source:: https://finance.yahoo.com/news/murdoch-pulls-fox-news-sky-155952993.html

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