Since its founding, Rupert Murdoch’s News Corporation held 39.14% of Sky Group, and in June 2010 they attempted to buy out the rest of Sky, but the bid was withdrawn in July 2011 following the News International phone hacking scandal that also led to News Corporation splitting into News Corp and 21st Century Fox, the latter of which continued to hold News’ stake in Sky.[9] In December 2016, 21st Century Fox made a bid to acquire the remaining shares of Sky, pending government approval. After The Walt Disney Company announced that they were to acquire Fox, Comcast initially engaged in a bidding war, but dropped out to acquire Sky instead, outbidding Fox with an offer for £17.28 per share; Fox sold their stake in October 2018, followed by the remaining shareholders a month later. Following this, Comcast’s film studios and US television businesses and other media assets are held by NBCUniversal, which is also under its control and was formed when Vivendi sold 80% of Universal Pictures to the now-defunct General Electric, NBC’s then-owner.
As with many giant conglomerates their ownership structure is complicated and confusing. Whether Murdoch has a share in it now or not isn’t really relevant. What is relevant is that Sky News produce huge amounts of shite journalism, and can therefore not be trusted as a reputable organisation.
They’re an American media company that serve the interests of their American capitalist owners first and foremost, why would they ever report fairly on a new up and coming British socialist party?
This a non-story cooked up by Rupert Murdock’s propaganda team. Sure they’ve had some teething issues but this is a sensationalist bollocks.
Rupert Murdoch? What does he have to do with this story?
https://en.wikipedia.org/wiki/Sky_Group
As with many giant conglomerates their ownership structure is complicated and confusing. Whether Murdoch has a share in it now or not isn’t really relevant. What is relevant is that Sky News produce huge amounts of shite journalism, and can therefore not be trusted as a reputable organisation.
They’re an American media company that serve the interests of their American capitalist owners first and foremost, why would they ever report fairly on a new up and coming British socialist party?
He owns Sky?
He owns the Australian version of Sky News. The UK version is owned by Comcast, who bought Murdoch out in 2018.
I don’t think he does if the other comment in this thread is accurate.
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