Monday, December 27, 2010

Ownership & Control

Even if one takes the view that Rupert Murdoch is the antichrist, I don't get the opposition to his proposed purchase of the BSkyB shares that he doesn't already own. Given that no one seriously doubts that he already controls the company despite owning around 40% of the shares it is hard to see how his influence will increase because he owns more shares in BSkyB.

Besides which in the era of the internet and satellite broadcasting it isn't as though other broadcasters can't challenge Murdoch if he tried to misuse his position.

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