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UK: Gov extends review period on Sky/Fox merger

By  |  April 23, 2017

The British government on Friday extended the period within which competition regulators must report on Rupert Murdoch’s $14.5 billion bid to take over pay-TV group Sky by one month due to the country’s national election on June 8.

Last month Karen Bradley, Britain’s culture, media and sport secretary, intervened in the the proposed acquisition of Sky by Murdoch’s Twenty First Century Fox on the media public interest grounds of media plurality and commitment to broadcasting standards.

At the time she asked Ofcom and the Competition and Markets Authority to assess the deal and report to her by May 16.

That deadline has now been extended to June 20.

Full Content: Broadband TV News

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