Bskyb Bid

Britain intends to subject Rupert Murdoch's takeover of European pay-TV group Sky to a lengthy in-depth investigation after finding the $14.8 billion deal risks giving the media mogul too much power over the news agenda.

News Corp eventually dropped its $12 billion bid for the highly profitable BSkyB as public opposition to Murdoch made it untenable.

Rupert Murdoch phone hacking scandal:Rupert and James Murdoch said on Thursday that they planned to appear before a Parliamentary committee investigating Britain's phone hacking scandal - a sudden U-turn after an extraordinary rebuff of lawmakers seeking to question them.

Rupert Murdoch phone hacking scandal:Rupert Murdoch's News Corporation has withdrawn its BSkyB bid. British lawmakers today were set to deal a body blow to Murdoch's bid for pay-TV giant BSkyB, as the phone-hacking scandal rocking his media empire threatened to spill over to the United States.

In a rare show of cross-party consensus, the David Cameron government in Britain has signalled its willingness to support the Opposition Labour party's motion in the House of Commons, asking media baron Rupert Murdoch to withdraw his takeover bid of BSkyB.The motion is to be tabled on Wednesday in a clear sign of Britain's political establishment r...

Rupert Murdoch phone hacking scandal: Leading politicians including the deputy prime minister lined up Monday to attack media mogul Rupert Murdoch's damage control efforts over the News of the World phone hacking scandal, cascading their condemnation as they pressured him to drop his bid to take over satellite broadcaster BSkyB.

Rupert Murdoch phone hacking scandal: Shares in British Sky Broadcasting dropped sharply on Monday on growing doubts over News Corp's bid to take control of the satellite broadcaster. BSkyB shares fell 7.3 percent at 695 pence ($11.12) in early trading on the London Stock Exchange. A week ago they were trading as 850 pence.

Britain intends to subject Rupert Murdoch's takeover of European pay-TV group Sky to a lengthy in-depth investigation after finding the $14.8 billion deal risks giving the media mogul too much power over the news agenda.

News Corp eventually dropped its $12 billion bid for the highly profitable BSkyB as public opposition to Murdoch made it untenable.

Rupert Murdoch phone hacking scandal:Rupert and James Murdoch said on Thursday that they planned to appear before a Parliamentary committee investigating Britain's phone hacking scandal - a sudden U-turn after an extraordinary rebuff of lawmakers seeking to question them.

Rupert Murdoch phone hacking scandal:Rupert Murdoch's News Corporation has withdrawn its BSkyB bid. British lawmakers today were set to deal a body blow to Murdoch's bid for pay-TV giant BSkyB, as the phone-hacking scandal rocking his media empire threatened to spill over to the United States.

In a rare show of cross-party consensus, the David Cameron government in Britain has signalled its willingness to support the Opposition Labour party's motion in the House of Commons, asking media baron Rupert Murdoch to withdraw his takeover bid of BSkyB.The motion is to be tabled on Wednesday in a clear sign of Britain's political establishment r...

Rupert Murdoch phone hacking scandal: Leading politicians including the deputy prime minister lined up Monday to attack media mogul Rupert Murdoch's damage control efforts over the News of the World phone hacking scandal, cascading their condemnation as they pressured him to drop his bid to take over satellite broadcaster BSkyB.

Rupert Murdoch phone hacking scandal: Shares in British Sky Broadcasting dropped sharply on Monday on growing doubts over News Corp's bid to take control of the satellite broadcaster. BSkyB shares fell 7.3 percent at 695 pence ($11.12) in early trading on the London Stock Exchange. A week ago they were trading as 850 pence.