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21CF and the bid for Sky: state of play - Venture Insights

Report Overview

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21CF and the bid for Sky: state of play

PublisherEnders Analysis.
Publish Date March 21, 2017
Sector Media, TV.
Company 21st Century Fox, BT, News Corp, Ofcom, SKY.

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Secretary of State Karen Bradley has intervened on two UK public interest grounds in 21CF’s bid for 100% ownership of Sky: media plurality, as in 2010, and a commitment to broadcasting standards, new in 2017.

Ofcom will assess any implications of 21CF’s full control of Sky on whether it is ‘fit and proper’ to hold a broadcast licence, reporting back on 16 May.

Undertakings are a live issue in the 2016 bid, notably to protect the editorial independence of Sky News, noting the bid faces determined opposition from certain quarters.